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FILUSD

Filecoin (FIL) Possible Short Squeeze Incoming....25-90% UpsideFilecoin looks set for a massive bounce for the following reasons: 1.) Recent overly exaggerated downside move due to China FUD, and usually this sort of fundamental FUD is followed by strong bounce. 2.) Upcoming Filecoin Launchpad Demo Day around the corner on 9/28 could be the fundamental boost needed to help Filecoin recover sentiment. 3.) Filecoin has been one of the most sold off coins the past 6M, 1M, and 1W (-65%, -32%, and -25% respectively) 4.) FILUSDSHORTS approaching recent highs, due for short covering / thereby increasing buy pressure. Here I present 3 fractals which are based on the recoveries from similar capitulations in the past.
Long
by janor123
5
FIL/USD - To buy or not to buy, that is the question!FIL is quickly approaching a key technical level at $57. This would provide a juice entry for anyone that wants to get some FIL long term. However... there is a problem. On this weekly timeframe, we can see that FIL is in a MASSIVE descending channel... if this bearish trend continues, there is a WHOLE lot of room to fall until... $30! The indicators seem to say that we have more bearish price action before any reversal, however this descending channel could also be interpreted as a bullish flag... massive one that is. For that to confirm, we need to break resistance and that is very far away right now. What we need to ask is if price will fall or not to $30. The test will come at the $57 support line. If that breaks, then best to wait for a price under $40 before you bring the cash. Bias is bearish right now, particularly on short/medium term. Like and follow if you liked this idea!
Short
by DU09
There're 2 possible scenarios for FILFirst of all, I have to point out that according to Elliot, we need another correction. In terms of time, we can expect the correction to end near one of the Fibo time levels, so it is likely that another correction is underway as in the previous photo. According to the previous two points, there are two scenarios. The red trend line and the close supports of Fibonacci 0.618 and 0.5 are important points to check the reversal of the trend for buying position. If FIL can breaks PRZ (about 90 $) upward and stabilizes, there will be no correction. Always make your analysis before a trade It is not offer to trade. Good luck
by Mojtaba-Pakdaman
Is FIL going to breakout soon? Here's a quick look at FIL 1 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 88$ 2. 96$ 3. 101$ 4. 109$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
Filecoin (FIL) - September 8Hello? Welcome, traders. By "following", you can always get new information quickly. Please also click "Like". Have a nice day. ------------------------------------- (FILUSD 1W Chart) There's not much to tell from this chart. However, if the price is maintained above the 47.149096-53.975726 range, it is expected that the upward trend will continue. (1D chart) If the price is maintained in the range of 77.274985-105.696627, the uptrend is expected to continue. If you fall from the 63.064166-77.274985 section, you can touch near the 47.149096 point, so you need to trade carefully. A significant resistance interval is the 156.373900-167.010019 interval. ------------------------------------- (FILBTC 1W chart) If the price holds above the 0.001544 point, it is expected that the uptrend will continue. (1D chart) If the price is maintained in the range of 0.001437-0.001890, it is expected to turn into an uptrend and rise. If it declines from the 0.001211-0.001437 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously. However, you can touch the 0.000796-0.000969 section and rise, so you must also think about how to respond. If it moves towards the 0.002343-0.002569 interval, I expect it to re-determine the trend. ------------------------------------------ We recommend that you trade with your average unit price. This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden. The center of all trading starts with the average unit price at which you start trading. If you ignore this, you may be trading in the wrong direction. Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves. ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator. Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line) ** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** See support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. Explanation of abbreviations displayed in the chart R: A point or section of resistance that requires a response to preserve profits. S-L: Stop Loss point or section S: A point or section where you can buy to make a profit as a support point or section. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day. G1 : Closing price when closed G2: Opening price (Example) Gap (G1-G2)
BINANCE:FILUSD
by readCrypto
11
FIL 1D There is still some room for upward price movementThe goal from the previous idea for the pair FILUSDT worked out completely and even more. Who read and listened to our thoughts, could fix at least x2.5 profit within 2 months, or even more for this position). Today we decided to update the idea of FILUSDT, as there can still be an interesting upward movement. If in the next 1-2 days, the buyers will keep the FIL price in a narrow range of $110-120 , there will be a very big chance to make a strong impulse upward movement of the Filecoin price. The zone, where it would be better to completely cover the FILUSD longs and look around, is around $130-160 . And you should pay special attention to the behavior of FIL price near $130 and $160 levels. And then we can expect the FILUSDT price correction to the liquid zone from below, which is in the range of $60-70 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
44
FIL - 1D. Tasty buy at $35 - tasty sell at $100A powerful explosion of liquidity in February 21 at the price mark of $35-40 began a new era in the FIL market. Just one month of confidence, optimism and aggressive growth gave Filcoin investors 400-500% profit. However, in almost the same time period, the FILUSDT price plummeted and is again approaching the powerful level of $35-40. How many investors have managed to fix profits at historic highs is a rhetorical question. However, in reality, an interesting question - is it worth expecting at least local optimism in the FIL market over the next 2-3 months? As we can see on the chart, the FIL began its decline on April 1, right after the establishment of an all-time high at $238 . A month of price consolidation in the range of historical highs , low volumes and weak buyers gave sellers confidence to continue the downward trend. The first critical point that sellers took control of was the mark of $130 . Having broken this mark on May 13, stop orders of all buyers who bought in consolidation during the April May period were triggered. This fact helped sellers to lower the FILUSDT price by 55% over the week. The first stop of the FIL price after a total fall took place at $55 . However, the decline began to slow down earlier - from the mark of $97 . A fall wave of the type of May 13 does not stop at one point with a sharp reversal in the other direction. Such a powerful train of death must be stopped gradually. Even the mark of $55, which buyers guarded pretty tightly during May-June 2021, could not resist. On June 21, sellers renewed their locallow and the trend shows that this is not the end. The aggressiveness of the falling trend has dropped significantly, local lows are updated more difficult each time. However, the continuation of the fall to the level of $35-40 is a very real and natural scenario. There are also advantages of the current situation on the FIL market . First, the slowdown in the fall in the FIL price occurs at high volumes. This fact indicates the interest of large buyers to keep the price. Also, the transition of the downward trend to consolidation indicates that the market is preparing at least for an upward correction. The first target of the local price rebound upwards is the mark of $97. Imagining how many investors are stuck in unprofitable positions and are waiting for at least the first strong level, we do not think that the first time buyers will be able to take control of the mark of $97. However, a 160% increase in the face of a likely change in trend in the cryptocurrency market is a remarkable result. The high probability of testing the $ 35 mark is also confirmed by the FILBTC chart: On the chart, we can see that the price is moving in a clear downward channel, which is correcting the upward wave. If the cryptocurrency market continues to fall, the FILBTC price may well fall another 35%. However, even this fact will not reverse the global growth trend that began on the FILBTC market in January 2021. ______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
31