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 $60. Good luck!
Filecoin
Filecoin (FIL) Buy ZoneFilecoin (FIL) Buy Zone
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BIAS
Long-Term : Bullish
Risk : Medium
Filecoin has just confirmed its strongest long-term support, looking like it’s ready to break its previous mid-term highs next couple of days.
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$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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👤 Arman Shaban : @ArmanShabanTrading
📅 10.MAR.22
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FilecoinSignificant Fibonacci levels and ratios and a Descending channel and positive divergence indicate a price increase for the Filecoin. The Filecoin appears to have formed a Double Bottom pattern, and by breaking the down trend line, one can expect its first target to reach $ 26 and its second target to reach $ 41. These price ranges also overlap with important areas of resistance and supply and demand. If a long-term uptrend occurs, higher goals can be achieved, including $ 55, etc. If the support level of 16.80 is lost, lower goals are waiting for the Filecoin, including the Fibonacci cluster in the range. Price $ 7.40 !
Filecoin Long - triangle breakout setupAs we can see FIL has been in a bear market since april 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone
The project itself is based on storing data on the blockchain, that a plus for this trade. Also considering the imminent pump on BTC every alt coin tends to pump afterwards so this could be a great zone to enter in.
I will wait to have the support verification and the DCA and TP at the Fib zone.
𝗡𝗢𝗧 𝗙𝗜𝗡𝗔𝗡𝗖𝗜𝗔𝗟 𝗔𝗗𝗩𝗜𝗦𝗘
FILUSDT symmetrical triangleA symmetrical triangle pattern can be seen in the filecoin FILUSDT chart
In the collision of the price with the Key-Level, which is the same as the uptrend line
And on breakout the descending line of the triangle, you can enter into a deal according to risk and capital management
🔵 Long on triangle breakout or set on Key Level 23.65
🟢Target 1 25.60
🟢Target 2 27.80
🟢Target 3 29.60
❌Stop loss 22.85
I hope it is profitable for you
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FIl Fakeout before a move up?1W/1D Charts
Fil is bottomed out here in weekly supply zone and swing low of weekly structure, I think we have faked out the lows of the previous weekly swing structure with high volume, now forming a reversal candlestick formation on weekly.
Fundamentals are strong with this one and I’ve DCA’d into it at $20 as the upside is hard to ignore with a coin like this imo.
MACD on weekly converging and showing signs of strength with bullish divergence on the daily.
A good currency in a bad market (Fil) Welcome to the volatile market: 2022 is the year of volatility for the cryptocurrency market, and traders' vision must change from holding to small, technical targets.For this currency, buy in suitable technical points that match your view of Bitcoin and exit it with logical targets. (Do not holder that you are a loser)
FILECOIN will it ever recover? FILECOIN descent has been nothing short of brutal with almost no real relief bounces on the way down. We are at major support right now and we have been in this falling channel on declining volume the whole time. Technically, it can consolidate sideways within this channel before breakin up towards 95 but it must beat the 36-39 level. That is the main resistance to beat. I think we can get relief to that level atleast from this breakout