File Coin - WTF is this!?I do not see anything bullish on this file coin other than I saw Winkelvoss pumping in on Twitter? In fact, I dont even have a single clue what to look at here. Big triangle coming off its high when it first traded so feels like it will grind down more?
Anybody know wtf is going on with this one?
Filecoin
FIL 12h While the fall is over, the consolidation period beginsThe previous FILUSDT idea worked out perfectly in just 10 days, and the price lowered by -20%
First, we advise you to go through a series of the FIL ideas, they will be attached at the bottom of this idea in order to read more about the project itself and understand our analysis logic.
FILUSDT is moving along its own route, without much addiction to BTC. Now we can expect that a certain consolidation will start on the chart in the zone of $23.5-25.4 . Anyone who wishes can safely trade within this 8% range, the stop is short, and the volatility is low.
If the attempt to fix the price above $25.4 is successful, then the next level of buyers' profit taking will be $27.40.
If such an attempt is unsuccessful, then sellers will hit with all their might and the price may sharply fall down even to $21.
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$FIL FileCoin Quick Analysis Overview ( @Filecoin )Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today .
Filecoin is a peer-to-peer network that stores files on the internet, with built-in economic incentives to ensure files are stored reliably over time.
I remember how hyped was Filecoin when it launched, a lot of profits were made when it found its top and it was in a downtrend till now.
Finally i can see some traction and seems like the downtrend is broken with huge volume.
Risk: 5
Reward:8
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
FIL FILECOIN Bullish Squeezing Hits 1 Exabyte of Storage FILUSDTFIL FILECOIN Bullish Squeezing Hits 1 Exabyte of Storage FILUSDT
GOOD NEWS ABOUT FILECOIN -
Filecoin CEO and founder Juan Benet reports the decentralized storage network hit 1 exabyte of capacity.
That's much higher than estimates of the size of the Netflix library.
The next step is getting applications to join the network.
✳️Filecoin/USDT (1/11) #FIL $FIL #FILUSDTFIL is accumulating after breaking out of the Falling Wedge pattern and if it does not lose the 30-31$ zone it will rise to the 40$ and even 45$ zone in the next few days. But if it falls out of the 30$ zone it will fall to the 23$ zone
📈BUY- LONG Strategy
- Buy: 30-31$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 39-40$. Stoploss if A
- Sell: 44-45$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 30-31$. Stoploss if A
- Buy: 22.5-23.5$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
FileCoin FILUSDT - Descending triangle + More downside- Filecoin formed a descending triangle after the breakout of the symmetrical triangle
- We can see some a bounce from 0.618 FIB and if we break the upper trend line, we can expect higher prices
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FileCoin FILUSDT - Elliott wave + Rising wedge- Maybe one more wave to the upside, to finish 5th Elliott wave - very possible
- I think the trend is over and we are looking for a retracement
- We can see a rising wedge forming on the recent move - bearish pattern
- 100% gains in 3 days, i think it is too oversold for a short term
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$FIL IBUSTER - Mission StartOn your feet, soldier. It's time to short $FILUSDTPERP.
FIL = Flimsycoin
USDT = United States Dollar Tether
PERP = Perpetually
To note:
www.binance.com
OBV (admittedly not the most accurate) shows that it may be possible all the Filecoin bought for staking has already been taken.
FileCoin FILUSDT - Elliott wave completed + bearish target- Elliott impulse wave completed with a long wick candle at the end of the trend
- I do not really see a continuation, first we are looking for some kind of correction to the downside
- You can buy 0.618 fib for a short term bounce or double bottom pattern
- You can also profit from this move to the downside by using Futures market
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☢️Filecoin/USDT (26/10) #FIL $FIL #FILUSDTAfter breaking out of the resistance zone at 30-32$, this area is now quite reliable support for FIL. We can buy as close to this zone as possible for the target of 45$ or higher, but there is certainly a strong selling force at 45$ that we need to be wary of.
Stoploss below 29$ or short to 25-26$
FileCoin FILUSDT - breaking to the downside, long entry priceNext coin listed on binance, 1day pump and then a huge downtrend. It is a new trick, coins are listed on Binance with very high market capitalization (overpriced).
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