FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 10.53
🛑Stop Loss: 9.55
🎯Take Profit: 11.29-12.13
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Filecoin
#FIL/USDT#FIL
The price has been moving in a descending triangle since July 2022
We're about to break that triangle
Moving Average 100 has been broken to the upside
Current price is $5.27
The first target is $6.62
The second target is $7.85
The third goal is $9.40
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
Filcoin ... Elliot wave 🌊Hello friends . FileCoin is in its long-term upward trend, if we use Elliott waves to analyze the logarithmic chart of FileCoin, we can consider FileCoin to be in the 3rd ascending wave. In fact, we can enter bullish wave 5 after the correction and go to corrective wave 4, but if we haven't finished wave 3 yet, it will correct a little bit, and after the peak we will see the correction anyway. Anyway, we will have a good correction for the whole market, and then we will go up not as much as now, a little less, we are now in wave 3 up in most currencies. So don't think of wave 5 as this strong wave 3... Salah is normal in the market, don't be sure that we will be bullish forever, not all markets are supposed to be like Floki. Friends, I lost my entire capital last year due to negligence and greed in FileCoin, so I had a bitter experience. And I am telling you in a friendly way to be careful and never dream.Just as the market can bring you good profits, it can also ruthlessly take your good profits, remember this lesson from me, never be greedy, never ever trade with emotion,Sometimes, the market will act against your analysis, do not use high leverage in crypto for more profit, and observe the loss limit,
FIL IS VERY BULLISHFrom where we have a red flash on the chart, a big correction has started.
This correction was symmetrical.
Where we have a green arrow on the chart, this symmetrical is over and we seem to have entered a diametric pattern.
We expect the candles to reach TP 1 by maintaining the flip line.
Shorter term targets are marked on the chart
You should note that the time frame is 1 day and this move takes time.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
FIL/USDT bullish Horizonsfrom key demand? 👀 🚀FIL analysis💎 Paradisers, brace yourselves for an exciting turn with #FILUSDT as it encounters resistance at the supply zone, paving the way for a potential bullish surge from the demand level.
💎 Through market cycles, we've observed how previous supply zones have transitioned into areas of demand, driving prices higher. Presently, with #Filecoin challenging a key supply area at demand $10.749 there's a promising outlook for a bullish shift from this point.
💎 Conversely, if TSX:FIL falls beneath the $$10.749 level, it might signal a move towards bearish waters, prompting a strategy reassessment. A bullish push from a secondary demand point at $7.862 could be anticipated, yet breaching this could lead to further declines
Filecoin - A Stunningly Bullish ChartCRYPTOCAP:FIL
This chart is one of the easiest layups I've seen, not solely in TA but the fact a where it sits while the BTC ATH has been been breach prior to the Halvening
This is the textbook Ted Warren perfect buying pattern, combined with a Wyckoff accumulation schematic after a perfect 5 wave from the 2020 top.
Since then PA has presented an incredibly bullish momentum breakout, exhibiting mammoth volume at exactly the right place seen through on the OBV which has already flown far past the pervious ATH.
Do what you will with this information, I know I have.
FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis
Description
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+ 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.
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VectorAlgo Trade Details
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Entry Price:
Stop Loss:
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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
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Filecoin: Biggest Shitcoin In History, Will Never Pump Again!FILECOIN:
A COIN OF FRAUDSTERS, HUCKSTERS & RACKETEERS!
Everything is PUMPING MASSIVELY while this FRAUD coin is still down 97% from its
all-time-high.
The Filecoin Foundation keeps dumping, preventing the coin from breaking out like everything else. If you "invested" in Filecoin expect to be used and taken advantage of by the Filecoin Foundation & Filecoin shillers like Arthur Hayes!
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 $4.773 might be in the cards, with a drop below this point potentially leading to a significant bearish trend.
FilecoinFIL Looks very good. Ready for a move up for at least 80%. We do not have resistance up-to 16.5$ 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.
$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.