FIL broke out resistance and ready to rally more#FIL/USDT
$FIL broke out from resistance zone and today confirmed it as support.
🐮 holding the zone as support can increase price to resistance zone between $32 and $40, and maybe more to fib levels.
🐻 break down from support zone can drop price to next support around $19.
Filecoin
FILECOIN - Key Breakout Just Now 🍪
NEWS: Meet the 12 startups participating in the new Filecoin Techstars accelerator
About:
The coin was launched in June 2019, and it raised $52 million in its presale and $205 million in its initial coin offering.
FIL is a universal payment method with a steady exchange rate. Digital currency can be used to buy and sell goods and services. A POS system is used to ensure suitable functioning, as well as the scrypt hash function.
The initial coin offering started at 0.0005$ with the total Filecoins (FIL) which were allocated on the market at (Presale + ICO) was 60%.
Filecoin is a P2P (peer-to-peer) network that offers web services such as file storage to users. It has also built a system that inducements miners to submit and securely shop files.
The cryptocurrency connects the world’s funds, funds’ investments, and cloud funds.
For those who have invested in the decentralized multi-channel platform. Large gains are expected during the first year. Cryptocurrencies still may have an uncertain future as the founder of Ethereum (ETH) Buterin announced that he is fearful of overzealous investors, the rising transaction fees and the openly flaunted riches that dominate the public perception of cryptocurrencies.
Our Chart:
We see the price has just breached over it's Key resistance which is now beautiful support!
Time for us to Buy some more.
One Love,
the FXPROFESSOR
Filecoin vs Tether Long-Term (Weekly) ChartWhen we look at the weekly chart for FILUSDT (Filecoin), everything is crystal clear...
We have a falling weedge pattern that broke bullish;
We have a break and close above EMA10 (last week);
We have a bullish cross on the MACD;
This is happening on increasing volume after a lower low.
A higher low is always great because it means the bulls maintained the bullish trend.
If a lower low is hit before a reversal this is also good because the stop-losses have already been activated, the liquidity pool has been tapped... Now the bots have to look up for more money.
Or something like that.
I am not very savvy with technical and conventional terms, I learnt the Dominican way through experience, practice and loss, huge losses...
And I rose thanks to your support.
Namaste.
FIL has exploded to the upsideFIL taking off
FIL has started to trend upwards with a huge influx in volume having gained near 50% in 2 days.
PA failed to break the low set on 24th January after mitigating the last daily supply zone. There was a nice build up of bullish divergences on the RSI and MACD showing signs of strength coming back on the low and has since reversed after faking out the low and breaking out of downtrend resistance. Price has broke weekly structure to the upside and taking out the supply above.
I think price may continue higher to mitigate the extreme daily supply zone of the last impulsive move down, from there a pullback back into demand zone that formed prior to the impulsive leg to the upside and probably see a trend reversal on the HTF with HH and HL formation.
Something I’ve been watching and DCAing on the last few weeks. FIL has great fundamentals and price action looked great on it!
Filecoin and Monaverse: A High-End Metaverse/NFT PlatformFilecoin rallied this week in anticipation with its partnership with Monaverse, a new metaverse contender that focused on high-end, professionally built metaverse environments. A quick look at Monaverse and Decentraland - their pros and cons -- and why Proof-of-Storage projects are likely to do well regardless of who wins the race towards the most popular metaverse.
Filecoin Full Correction Completed | Strong Bullish SignalsWe are looking at the weekly timeframe for Filecoin (FILBTC), which means that the signals here are really strong.
We have a perfect falling wedge pattern breaking bullish and a bounce at long-term support.
Prices are bouncing at the May 2020 support level.
We have a volume breakout this week...
And a young bullish cross on the MACD:
We also have long-term hidden bullish divergence with the RSI and MACD (since September 2019).
Namaste.
FIL Breakout and Bottomed OutFIL has broken out of downtrend resistance after faking out the previous low with a high volume bottom and being very oversold on the HTF.
3D RSI reset with bullish divergence above the MA with lots of room for upside, MACD on weekly converging and showing first green bar on histogram and bullish crossover of MA’s.
Price action has created bullish reversal pin bar candles on the weekly TF, on the daily price has put in a new higher high with volume coming in strong, would expect to see a reversal here and the start of HH’s and HL’s.
Looking to flip the first area of daily supply and take out the high for continuation higher.
$FIL for Daytraders good opportunity to buy #Filecoin 1H ChartHey Traders,
FIL on binance is ready to reach the mentioned levels as per my analysis, its a short term position, stoploss and targets are mentioned in the chart and below!
STOPLOSS 4H close below 17.35$
Tp1 18.88$
Tp2 19.90$
Tp3 22.30$
USE Your Risk Management, and never use more than 5% in any trade.
NFA, DYOR, and Good Luck.
Share the love, Tell me what do you think in the comment? Smash that like button to show support.
FIL time to shine?To start, regarding my last MANA post, all is still in tact, it's just taking longer to perform than some other tokens. This is why it's best to have a few tokens in your bag. While MANA and FIL have been languishing I had a great trade with ETC, added 33% to my entire portfolio value in a week with that one trade (not pennies by any means). As MANA and FIL sat I kept rolling into ETC, as ETC topped, started rolling back into FIL as the strength was showing, letting my MANA bag ride and will add on breakout, which has yet to happen.
As for FIL, it's all in the chart. My near-term target (1-2 weeks) is $60. Good luck!
Filecoin (FIL) Buy ZoneFilecoin (FIL) Buy Zone
--------------------
BIAS
Long-Term : Bullish
Risk : Medium
Filecoin has just confirmed its strongest long-term support, looking like it’s ready to break its previous mid-term highs next couple of days.
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$FIL/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 17.3 - 16.6
TP 1 : 17.9
TP 2 : 18.5
TP 3 : 19
TP 4 : 19.4
TP 5 : 19.75
TP 6 : 20.35
TP 7 : 21.3
TP 8 : 23.4
Stop Loss : 15.95
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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CARDANO Daily TA : 03.10.22 : $ADALet's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
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⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 10.MAR.22
⚠️(DYOR)
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Trading Signal For FILUSDT FilecoinTrading Signal:
There is a Trading Signal to Buy in FILUSDT Filecoin .
Traders can open their Buy Trades NOW
Rank : ⭐️⭐️
⬆️Buy now or Buy on 19.65
⭕️SL: Close below 18.35
🔵TP1 @ 24.60
🔵TP2 @ 28.70
🔵TP3 @ 33.40
What are these signals based on?
Classical Technical Analysis
Price Action Candlesticks Fibonacci
RSI, Moving Average , Ichimoku , Bollinger Bands
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