Filecoin Breaking out - Storage set to recoverShort term price target - $90
Short term outlook - Bullish
Long term outlook - Bullish
Storage coins are finding support and strengthening. This is am amazing part of the blockchain world and will be the future of file storage.
This format might not look exactly like what we see today, but Roam wasn't built in a day!
I am bullish on blockchain file storage over the next month and longer term. I will keep on HODLING. However, this could be a nice entry point for someone looking to get exposure in to this space.
Filecoin
Zcash towards $1k by the end of this bull cycleSharing probably one of my worst trades during these past 2 years; trading a small portion of my ETH into ZEC. Still planning on holding my position regardless.
This should turn around sometime (or maybe it’s just hopium). Even if it does not, the risk/reward ratio is favorable for those willing to risk even more of an inflation effect to their ETH stack. I still think the upward movement will be explosive as soon as the market remembers or acknowledges the intrinsic value in ZEC. The technology is there. The team as well. It only needs a push.
Since the COVID March 2020 crash, the ZEC/USD pair has been consistently holding an ascending trend, establishing higher lows. I currently have a target of $1,100 for the end of this cycle at one of the local 3.618 extensions. If market proves to be overly bullish it can go all the way towards the longer macro 3.618 extension at the low $3,000s. A $1,100 target price would definitely rhyme with Bitcoin's rise during the 2013 cycle at which time it also had a similar circulation to what ZEC has today, around 11-13 million. It should be noted that Zcash's minting emission rate is exponentially higher than that of Bitcoin's. Zcash should see its last coin mined by the early 2040s.
I'm still betting on privacy being a crucial element in crypto. If its value is not meant to be realized now during this meme cramped cycle, the odds are ever more increasing for it to be reached in the next one.
What does Zcash has in favor then? 1) Both Ethereum and Filecoin developers have been working on integrating zk-SNARKS. 2) Vitalik has been a big proponent and admirer of Zcash since its inception. 3) Grayscale Investments has also a Zcash exclusive fund. 4) The utility of Zcash moves across multiple industries and goes beyond blockchain and tech; manufacturing, health, education, etc.
It seems like ZEC is in need of a champion. A company like Apple comes to mind. It's either t hat or it will probably keep fading away into a etherless void. While the market chooses memes, even with its share of controversies regarding its launch and founders reward, I choose Zcash long term. It's fundamentally smart and sound.
*Currently planning on holding a Zcash position at least until the end of November.
$FIL the Chinese BullHello cryptofolks
Filecoin looks bullish in all TF on MACD
Inverse H&S pattern created, retesting the neckline then goes up will be the confirmation
First resistance to beark will be at $70 then we will reach our target at $80
Filecoin is a sleeping giant that when wakes up will do big movements
-Goodluck
FILUSDTFILUSDT, since the drop on 2nd April, had formed a triple bottom at the long-term uptrend channel + 0.702 fibs, and FIL has been Printing nice higher high and higher low within is a Symmetrical triangle, with the Resistance line yet to be validated.
In this game, Wealth is always transferred from impatience to patience. So be patient as long we are in the bull market; FIL will hit those targets.
My Target on Fill is at three important take profit points, and These are resistance points that could show some signs of a pause, pullbacks before the trend continues. If ur patient then u can keep ur stoplos up to date and #hodl
My first take profit point is $92, the Second take profit point I see is at $139, and My Last take profit is at $361 - 400
FIL/USDT currently trading at $62.45
The ideal buy zone would be under 60$
Invalidation point = below $54.88 daily base
#FIL/BTC
Filecoin(FIL) Ready to catch up to the crypto market Hello. Filecoin(FIL) has been performing rather slow, still -75% from its ATH(All Time High). According to my technical analysis, FIL is ready to catch up to the rest of the crypto market.
FIL has been sitting in a large triangle pattern composed of the yellow and green dashed lines in the chart. Price is currently at the support.
RSI shows some bullish signs: when price made a lower low, RSI made a higher low, forming a bullish divergence. RSI also formed its own triangle pattern. We can say its bullish if RSI breaks the red dashed line.
FIL barely moved when BTC made its own all time high. It's perhaps time FIL moves.
If we have a breakout, we can possibly have a rally to 0.236 Fib or $90 in the first few days
Thank you for reading this post, constructive feedback would be greatly appreciated.
Filecoin (FIL)Hi everyone,
This is my description:
Purple Lines: Support & Resistance (for a week) “VERY IMPORTANT”
Blue Lines: Support & Resistance (for a day) “IMPORTANT”
Orange Lines: Support & Resistance (for a 4H)
Thanks for your attention.
**IF YOU WANT ME TO ANALLYSIS ANY OTHER CRYPTOS, PLEASE COMMENT THE NAME OF IT FOR ME**
FILUSDT ARE YOU RDY ? 3 DAY just W8By analyzing the currency code, we reached a good result. In the first target, you can enter. The entry and exit points are designated for all loved ones. So please buy carefully and patiently. I hope you have benefited to this day.
If you have any questions, I am at your service, dear ones.
Good luck .🎆🧨🧨🧨🎇
FIL (Filecoin) bull run ~Price Points/Fundamentals~
Hello there! 👋🐹
Happy November 🍁
Lets talk FIL
🤸♂️🏃♀️
Filecoin recently displayed bullish behavior🐮, breaking from a 3 month descending triangle pattern. 🆗
Trade invalid if we break below our light blue trendline at ~ $55.
In the near future, I expect to see an attempt to climb above $78 where we may see some resistance.
If we are successful in gaining support at ~78, my next targets for FIL are 104 and then 130.
FIL has potential to go beyond these targets as well, I will explain why in a short fundamental overview below.. 💫
⏬⏬⏬⏬⏬⏬⏬
Just announced recently, Filecoin is now partnered up with the Flow Blockchain, ( In brief. Created by NBA Top Shot developer Dapper Labs, Flow is a proof of stake blockchain designed for NFT collectibles and crypto games decrypt.co ) and is now the main storage collaborator of FLOW.
In addition to its partnership with flow 👇👇
Over the last couple of weeks Bitdeer ( worlds leading mining services provider) announced it will now be providing services for mining FIL!
✔Filecoin is a decentralized network with the native currency FIL . It was released in 2014 and has since gained a tremendous amount of traction through its users and miners. (Miners earn FIL)
✔FIL (filecoin,) is by far the most popular data storage and retrieval coin, currently ranking #28 market cap💪
✔Our popular Filecoin has protocols set in place to ensure proper storage of data as promised by FIL miners.
✔Anyone with enough hard drive space can mine FIL.
🌏 Filecoin reached its ATH in April of this year topping out at 237, we are currently far below ATH price (almost 75 percent below) 👀
Considering all the information listed above, I think that FIL has yet to catch up to other altcoins such as SHIB,SAND,MANA etc..
Let's not overlook this extremely popular storage coin as we continue this bull run.
📌📌📌NOTE📌📌📌
Bitcoin is seemingly resting at a new found support level, a break below ~57k could mean a serious correction and altcoins such as FIL will follow.
Always use caution when investing in the volatile cryptocurrency market. 😃✔💭
🛑🛑🛑This is not financial advice🛑🛑🛑 Above are approximate targets based on fibs and major trend lines etc. I always recommend looking at multiple charts when making a big investment. Always have a stop loss ✋🛑💲 set🆗
Any thoughts 💭💡, questions 🙋♀️🙋♂️❓, good 👍, bad👎, happy 😄 or sad 😥, in the comments always welcome.
Jazerbay 🍁
I'm back at TradingView, with FileCoin 👋Hey folks I'm back with a good and quick analysis.
FileCoin is in a good situation for investors. I repeat investors not traders. Because it's gonna have its ups and downs but good TA position and great FA.
So by managing our bag, we can take some profit by holding it in two steps.
You have every detail you need on the chart so check it out.
I wanted to add something more to this idea:
We're in the bloody September so be patient and let's skip this month and wait for October 'till end of the year for a lot of exciting journey..
And by the way, I like to see your opinion about the analysis and any question you got, so feel free to leave them in the comment section. And if you find this analysis useful share it with your friend so they can take benefits from it.
$FIL may retest the previous high. I saw some people wondering about FIL.
Very interesting chart, so here's my personal trade setup for it.
First of all, the 3 purple ranges are strong support levels which may cause impulses there.
Hence, here's what I will do, but it's a risk with a potential of 80-120% profits for the mid-term and may double your investment.
I think FIL will retest the high!
It broke out of another descneding channel and it now going through major resistance, however, I do believe it may drop down further which is why I have 3 entry points.
Stop loss is far, but you can get out of it if you wish to DCA further on that level and wait for a further rise to get out at breakeven at worse case scenario.
Risky trade, I wouldn't use a big capital on FIL because it's giving me bear market behavior.
However, the volume is showing an accumulation stage, which is where the smart money may come in.
FIL 200% PUMP COMING!FILCOIN has 2 patterns that are playing out.
RSI has a Hidden Bullish Divergence on the DTF.
You can see the 1st arrow completed with almost a 200% pump.
The 2nd arrow is in play where we will retrace to $40-50. The RSI should bounce off 38.00 and pump 200% to $150.
I believe the breakout will happen mid November and TRX and ETC have very similar charts so will most likely follow the same path.
Target 1 - $80
Target 2 - $100
Target 3 - £120
Target 4 - $150
Target 5 - $200
Not Financial Advice.
Filecoin LongFilecoin is down more than 75% since it's highs in April. For such an extraordinary Coin that seems kinda weird, huh?
How is Filecoin different then the others?
1. Filecoin network - decentralized peer-to-peer competitor to cloud storage products like Dropbox or Amazon Web Services. Data stored via Filecoin is distributed across the entire network — as opposed to traditional centralized-server storage.
2. Mining - You mine filecoin with hard drives. Basically you ,,lend" your storage. This type of mining is called ,,Proof of Spacetime".
What is chart saying?
From what I can see in the chart, it would be a perfect time to buy some! I can see a descending triangle. Given the fact that overall crypto market is doing great, I think we are destined for a bigger move to the upside! Hope this was helpful! To learn more about Filecoin visit filecoin.io See you soon!
FILUSDT , Did you buy ???Hello everybody
We are update our analysis today for you traders
According to our last analysis the price is about 65$ and we shown on chart that the price can come to our buy zone and in there we should buy and wait until the target reach , and exactly the price movement come to our buy zone area and activated our buy zone and now we should wait for our target
You can buy more and buy if you re not in buy position until now we have time to buy
Previous analysis :
Dont forget stop loss and attention to money management
Good Luck
Abtin