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Filecoin

FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis Description --------------------------------------------------------------- + As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level. + This unmistakably signals the imminent bullish phase for FIL. + I intend to enter a LONG trade at the current price, allocating 0.2% of the capital. The profit potential appears substantial from my analysis. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ Entry Price: Stop Loss: ------------------------------ Target 1: 9.16 Target 2: 9.8 Target 3: 11.11 Target 4: 13.52 Target 5: 16.24 Target 6: 20.34 Target 7: 28.22 ------------------------------ Timeframe: 1D Capital: 1-2% of trading capital Leverage: 5-10x --------------------------------------------------------------- Enhance, Trade, Grow --------------------------------------------------------------- Feel free to share your thoughts and insights. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Long
by VectorAlgo
3
FIL/USDT Gearing Up for a Potential Breakthrough at Supply Level💎 Paradisers, focus on #FILUSDT as it's charting an exciting course, now nearing a critical supply level that may signal a market turning point. 💎 Observing #Filecoin's trajectory, it's been navigating a descending channel but has recently made a notable leap above, now eyeing the supply mark at $5.603. Should the price maintain its current energy and push past this level, we're potentially looking at a strong bullish surge towards a higher supply zone. 💎 On the flip side, should #FIL falter and lose steam, a bullish recovery from the support level at $4.773 might be in the cards, with a drop below this point potentially leading to a significant bearish trend.
Long
by MyCryptoParadise_Simon
3
FilecoinFIL Looks very good. Ready for a move up for at least 80%. We do not have resistance up-to 16.5$ so it looks like we can go to those levels or even slightly above. that would be aver 100% gains. I take profits starting 70% to 110% except there will be no signs of strength left. then taking all at ~80% What Is Filecoin (FIL)? Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020. The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network where users pay for data storage and distribution services in $FIL. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus. TSX:FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services. The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.
Long
by Achilly
3
$FIL - Send it higherTSX:FIL is now my largest allocation because I think it has the biggest amount of upside in the shortest amount of time. Not sure what the catalyst will be that sends it higher, but think there's a possibility that TSX:FIL can go 3-6X over the coming weeks. Breaking the $6 region will break a 1.5 year consolidation of a downtrend and I think the move out of this range will be a large one. I'm expecting the $30 region to get tagged once it breaks out. I've marked off a ton of resistances on the way to take profit incase we don't make it all the way up to the target. Let's see how it plays out.
COINBASE:FILUSDLong
by benjihyam
3
Filecoin Is Going to $0 - 99% Crash ImminentFilecoin has established itself as one of the weakest coins. It is a favorite coin of the known fraud Arthur Hayes. It is also a favorite coin amongst gamblers in Chinese. For these reasons, Filecoin has no future and will likely drop to the $0 mark. Many other coins have pumped significantly in the past year, except Filecoin. It will likely drop to between $0 - $0.10 within the next few months and it's possible that it will trade below $0 for a short while because of mega liquidations. You have been warned.
Short
by couldntcomeupwithone
6
Considering that it is out of its long-term downward trend, therIn the previous analysis that we presented about FIL currency in Karako 2022 channel, we proposed a signal with a 300% growth probability. This signal is still in its own power and has brought 60% profit to the members so far. Now, considering that it is out of its long-term downward trend, there is still a possibility of further growth for this currency. We determined the safe entry range for risk-averse friends in this analysis, who can enter the trade after its stabilization and earn up to 200% profit.
Long
by karaco2022
Filecoin's Resurgence: How Solana's Validation Propels GrowthFilecoin ( CRYPTOCAP:FIL ) emerges as a standout player, showcasing resilience and innovation amidst fierce competition. The recent surge in Filecoin's ( CRYPTOCAP:FIL ) price, catalyzed by Solana's founder Anatoly Yakovenko's validation, underscores the protocol's potential to redefine the decentralized cloud storage space. As Filecoin ( CRYPTOCAP:FIL ) charts a path of integration with leading blockchain networks like Ethereum and Solana, it sets the stage for a compelling narrative of growth and collaboration. The Solana Boost: Filecoin's ( CRYPTOCAP:FIL ) ascent to prominence gains further momentum with a resounding validation from Anatoly Yakovenko, co-founder of the Solana protocol. Yakovenko's acknowledgment of Filecoin's ( CRYPTOCAP:FIL ) foundational influence on Solana's archiver design not only validates Filecoin's technological prowess but also highlights its pivotal role in shaping innovations across diverse blockchain ecosystems. The 16% jump in Filecoin's ( CRYPTOCAP:FIL ) price reflects investor optimism fueled by this recognition, signaling a renewed interest in the protocol's potential. Integration and Collaboration: Filecoin's ( CRYPTOCAP:FIL ) strategic integration with Solana marks a significant milestone in its quest for interoperability and accessibility. By leveraging Solana's high-performance blockchain infrastructure, Filecoin ( CRYPTOCAP:FIL ) expands its reach and enhances the efficiency of its decentralized storage services. Moreover, Filecoin's compatibility with the Ethereum Virtual Machine (EVM) through the Filecoin ( CRYPTOCAP:FIL ) Virtual Machine (FVM) underscores its commitment to fostering cross-chain compatibility and enabling seamless interaction with the Ethereum ecosystem. This concerted effort to bridge gaps between disparate blockchain networks positions Filecoin ( CRYPTOCAP:FIL ) as a versatile and adaptable protocol poised for sustained growth. Niche Market Domination: Filecoin's ( CRYPTOCAP:FIL ) unique value proposition lies in its ability to address the growing demand for decentralized cloud storage solutions. Unlike its counterparts, Filecoin ( CRYPTOCAP:FIL ) offers a robust and censorship-resistant platform for storing and retrieving data, catering to a wide range of use cases spanning from archival storage to content delivery networks. The protocol's emphasis on security, scalability, and decentralization resonates with users seeking reliable and cost-effective alternatives to traditional cloud storage providers. As Filecoin ( CRYPTOCAP:FIL ) continues to carve out its niche in the market, its ongoing rally signifies a growing recognition of its intrinsic value and utility. Future Outlook: While Filecoin ( CRYPTOCAP:FIL ) remains below its all-time high, the current rally serves as a harbinger of the protocol's potential to reclaim its position as a frontrunner in the decentralized storage landscape. With a slew of strategic partnerships, technological advancements, and community-driven initiatives in the pipeline, Filecoin ( CRYPTOCAP:FIL ) is poised to capitalize on emerging opportunities and overcome existing challenges. As blockchain adoption proliferates and decentralized storage gains mainstream acceptance, Filecoin ( CRYPTOCAP:FIL ) stands at the forefront of innovation, poised to reshape the future of cloud storage. Conclusion: As Filecoin ( CRYPTOCAP:FIL ) continues to push the boundaries of decentralized storage, its journey towards mainstream adoption gains momentum, driven by a shared vision of a more equitable and resilient digital infrastructure. With each milestone achieved and each partnership forged, Filecoin ( CRYPTOCAP:FIL ) reaffirms its position as a trailblazer in the decentralized storage revolution, poised to unlock new possibilities and redefine the paradigm of data storage and accessibility.
COINBASE:FILUSDLong
by DEXWireNews