FILUSD looks bullish againIn November 2022 we predicted that Filecoin will drop below 3 $:
Now, it's a time for an update and upside targets!
FILUSD looks pretty strong.
The price came back above the resistance which should be acting as a support now.
We may see a few days of consolidations above this key level (5$) which would be very bullish, however it would not be unexpected to see a rally continuation towards 8-9$. MACD indicator shows a positive momentum and it looks strong for bulls. Moreover, If the price breaks above this range, it can shoot up to 11 $ which would be our final target for this short-term trade.
Long-term the price may go much higher.
Good luck!
FILUSDT
Filecoin ($FIL): Technical Analysis on Daily ChartHi everyone!
From a technical point of view, the trend on the daily chart is absolutely bearish, but at the same time, with the completion of the bearish impulsive structure (12345), I do not exclude the continuation of the corrective structure (bullish) in play. At the moment we do not have a confirmed bullish signal yet, but if in the short term we manage to trigger another bullish leg before the pullback, the trend could turn bullish again in the medium term. Technically speaking, in the short term, we have a support area around 7.26/6.66 and if $FIL is to turn bullish, it should be held.
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N.B.: Updates will follow below
Filcoin. Diamond pattern 2After breaking the lower support line in the diamond pattern and exiting the price from this pattern, a sell decision is issued. In such situations, you can open the shorts position. The price target after the pattern is broken from the bottom is the same as the highest to the lowest price within the pattern, but sometimes the price chart may see higher prices after the pattern is broken.
Filcoin. Diamond pattern Diamonds are a very deceptive pattern in addition to the cryptocurrency market. Sellers in this area are misled by the fact that this deception provides a lot of liquidity to institutions and major investors in the market. A diamond pattern is formed when it is broken, QMed (price engulfs it). That is, for example, H, L, HH, LL, HHH exist. In the diamond pattern, four in-gulfs occur, and in this way, the stops of 4 groups of traders are eaten and liquidity is created.The loss of users of digital currencies in the diamond pattern - Sellers on the ceiling, buyers on the floor, sellers on the ceiling, buyers on the line..
Filecoin - No Danger No glory.
- Filecoin lost -98% from his ATH.
- ICO managed to get 200M$ in 2017, VCs dropped a lot and made so much benefits in 2021.
- When whales will be tired and start to rebuy, the bounce could be very aggressive.
- This project is huge and was listed in all Top Exchanges ( Coinbase, Binance, Kraken, Cryptocom, etc )
What Is Filecoin (FIL)?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017.
Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization.
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Trading Zones
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- Buy : 4.50$ (Buy a bit)
- Rebuy : 2.50$ (Fire Buy)
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TP1 : 25$ (security TP)
TP2 : 120$
TP3 : 230$ (ATH)
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Happy Tr4Ding !
FIL short term SHORT oppurtunityI do think FIL is in its accumulation phase, a pullback to 6.5 area would make sense, nothing to out of the ordinary indicator wise, but I am noticing a slight trend of distribution from the $2.50 area.
I have short entry at $7.33 and will take profits at 6.75-6.55
5x leverage, not risking a pump to 8.35 and getting liquidated. I dont think $8.20+ will happen without a pullback
FIL will be 4$ or 2$ soonThese mean coins have artificial pump by whales, they get huge profit and sell all their coins so market dump again, i request you don't 2x leverage to loose your principle amount, select 1x only, these whale play with your emotions and earn profit, this is not a financial advice but trade by your own analysis
FIL/USDT Analysis in Daily 🎗Hello ☺
In the last two days, FileCoin (FIL) development team announced the launch of FileCoin Virtual Machine (FVM) and announced the implementation of smart contracts on this network on March 1.
With the implementation of this update, we will see the emergence of decentralized applications (Dapp) on this network in the near future.
Currently, FIL was able to experience about 165% growth by breaking its downward trend line. Now this coin is close to its important resistance of $11; The 0.618 Fibonacci line is also on this resistance. If it can overcome this resistance area, its targets are expected to be $12.8, $14 and $15.2.
Note: Other safe entries can be $7 and $5 support levels.
Arztoday 💙
Analyzer ✍: AR.Rashidi
FILUSDT IdeaFile Coin vs Tether | FILUSD | FILUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
FILECOIN Analysis and Trade Idea💸 #Analysis #Trade 💸
📊 #4H
📝Leverage: 3x-5X
LONG #FILUSDT from 7.45$ to 8.045. stop-loss 7.25$
15m TF. The price has broken the long consolidation where the loading of huge players took place. The price has broken the structure and the market profile level will be protected as the price reaches it again. Waiting for the price to enter the zone. It is expected that the pullback occurs from 7.6. Be careful, the loading zone is about 5%
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📗Order Type: Buy Limit (Not Active Yet)
🟡Ep 1=8.045$
🟡Ep 2=7.45$
⛔️Stop>$7.25
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📕Order Type: Sell Limit
🟡Ep 1=12.5$
🟡Ep 2=15.70$
⛔️Stop> 16.70$
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📊Powered By Smart Money Concept+Volume profile
🆚Risk/Reward Ratio:10
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👤 Analysis By Hyperion Trader
📅 2.19.2023
📫Get Free Access to Premium «Analysis + Trading Signals»
Filecoin FIL price goes up against the market trendWhile almost the entire cryptocurrency market has entered a correction phase, FIL buyers decided that this was the perfect time to provoke a price increase) Who are we to contradict them?)
Given the good and complete development of the previous idea, it is worth updating our thoughts on the possible future price of the Filecoin token
Looking at the chart, we see two targets for growth: roughly speaking, $7 and $10 , and the two have a real chance to be reaching in the near future.
If you are a medium- or long-term investor who believes in the prospects of the Filecoin project, then the following advice is for you: the closer the price is to $5, the larger your FIL buy orders should be. After all, looking at the global chart, the prospects for FILUSD price growth are at least x10.
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