Read the captionIt's true that I give the possibility of a return from the range, but never forget that when a very important level is broken, we often have two pullbacks, and the second pullback penetrates the level of the first pullback. Definitely look for choch in the indicated areas, the analysis will be updated if necessary, but the yellow areas are very important and from my point of view, the end of the pullback will be on them.
FILUSDT
FIL ANALYSIS (1H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the FIL symbol.
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
FILUSD Inverse Head and Shoulders Trend ReversalThe presence of an inverse head and shoulders pattern on FILUSD indicates a potential bullish reversal in price, provided there is beneficial macroeconomic and FIL-ecosystem centric bullish sentiment.This pattern is notorious for being a bull trap and is often used to prey on over-leveraged longs.
FIL IS BEARISHHi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORT the FIL symbol.
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
FILUSDT IdeaFILUSDT FILUSD BINANCE:FILUSDT BINANCE:FILUSD
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
🔥FILCOIN WEDGE BREAKOUT PUMP IT TO 10$! 🔥 Hi friends! Filcoin is a very volatile altcoin that can bring huge profit even in 1 hour. I make the trading idea for you to not miss the upcoming pumps.
📊 TRADING PLAN FOR FIL:
1. test the value area $5.35-5.55 as the support
2. the volume growth confirms the presence of the buyer
3. bullish BTC
🚩 Additionally, if I will see the huge orders on DOM and Footrpint, it will be the best confirmation of the long. Usually, these trades with 70-80% winrate and 6-7RR.
✅ MY TARGETS FOR FIL:
🔥 $7.4 - the key level
🔥 $10 - the key level, local highs and even number
🔥 $11.4 - the key level
Friends, what is your most traded altcoin (or altcoins) last month? Write in the comments!
💻Friends, press the "boost"🚀 button, write comments, and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
Filecoin in next weeksFIL / USDT
Fil is forming giant inverse H&S
We spotted it early and price is pumped by 33% after our 2nd entry
I expect it will continue to neckline at 9-11$ again before any significant pullback
And there we will monitor price action if it will break this resistance too the fomo will kicks in for further growth
Best of wishes
why DCA is the best strategy for trading?Today I’ll be talking about what is Dollar Cost Averaging (DCA) and how is it used in trading.
i will also shine a light on what importance it holds
What is dollar-cost averaging (DCA):
It is an investment strategy in which you invest a fixed small amount of money at regular intervals.
This allows you to take benefit of a market bearish without risking excess funds
Allowing you to keep up with greater liquidity and take benefit of market bullish.
let's show that with examle :
Let's imagine that there is a person called Cecilion and he invests in filusdt with a fixed amount of $ 20 every month.
let's imagine the price of that currency in March was $ 5 Then Cecilion will have 4 pieces of filusdt in March.
And in April, the value of filusdt fell to $4, and Cecilion bought it for the same amount ($20) to have 4 + 5 = 9 pieces of filusdt in april.
And in May, the value of filusdt fell again to $2, and Cecilion bought it for the same $20 , so that he owned 4+5+10 = 19 pieces of filusdt in May.
And in the following month, the price of filusdt raise to $10, and Cecilion bought it for the same $20, so that he owned 4+5+10+2=21 pieces of filusdt in June.
let's do some math to show the efficiency of this strategy:
- Cecilion invested $80 in 4 months and owned 21 pieces of filusdt to be The average purchase price is 80/21 = $3.8
- Let's imagine that Cecilion did not use this strategy and bought filusdt for $80 at once in March when its price was $5
Then a cecilion would have 80/5 = only 16 pieces of filusdt instead of 21 pieces.
hope this article was useful to you and appreciated ur support with likes , comment and follow for more.🎯
Filecoin FIL Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Filecoin FIL are:
FIL/USDT short
Entry Range: $7.80 - 8.50
Take Profit 1: $7.30
Take Profit 2: $6.50
Take Profit 3: $5.60
Stop Loss: $9.60