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FILUSDT

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. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
Long
by P_S_trade
44
FIL Looking Bullish!Take a look at FIL, folks, it's holding on like a bull with a vise grip! Why, you might ask? Because there's a massive buy wall between 4.95 to 5.03 range that's keeping this bad boy steady. But don't go celebrating just yet, we're waiting for a breakout confirmation around that 5.10 resistance zone. And there's a big sell wall waiting for us between the 5.065 to 5.11 region. So what do we do? We keep an eye on that bullish structure, but we also manage our risk properly, because that's how we roll in this wild world of trading!
Long
by FortuneAI
✴️ Filecoin | Trend Reversal (Name Your Altcoin #30 ✅)
The market has two main cycles, bear and bull or up and down. GREE and RED. Once one cycle is over, the next one starts. This can remove a lot of the complexity of buying and selling. So, can we make a case for the bearish wave to be over for Filecoin vs Tether (FILUSDT)? If the bearish wave is over, a bullish wave follows... But we can have bearish waves within bullish cycles and bullish waves within bearish cycles. Corrections in short. In a period of 623 days, Filecoin dropped by 99%. That's -99.02% from the March 2021 All-Time High, to the December 2022 All-Time Low. We have that one on our side... The bottom is likely in already based on the simple fact that altcoins tend to correct between 93-98% on their USDT pairs. This one went beyond and hit 99%. The next signal is the trading volume. I mentioned this one tons of times in the past but then moved to some other signals... Some of you might remember it. We have really high bear volume in August 2022. As a new low is hit in December, this bear volume is much lower... Telling us that the bears are exhausted. We can also spot a 5 down-wave pattern. When we can easily count 5 waves, the current move is very likely over. What follows is a correction which in this case would be an upward correction a or full change of trend. The change of trend would signify the market switching from bearish to bullish. These are very strong signals. Anyway, we don't have to guess or be right. If I am trading, I just need to define my support levels, define my risk/stop-loss. We can have two stop-loss based on personal risk tolerance or trading style. A short-term one and long-term one. Everybody has to do their on thing so I am only sharing some info that you can use the improve your own trading, confirm something, learn or just be entertained. Short-term, $4.00 is the main support. One or two weekly sessions/candles closing below this level can lead to closing a trade. Long-term, the Dec. low. If FILUSDT closes below $2.32 once or twice then any bullish potential has been completely removed... Now the good part. Any trading above $4.00 is super-bullish. Any trading above the $2.32 December low and there is potential for FILUSDT to move up and grow long-term. Thank you for reading. Thanks a lot for your amazing support. Here we finish Part 3 of Name Your Altcoin. Namaste.
Long
by MasterAnanda
6
FILUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. growth from current price or through one more decline in zone 4 - 3$ I dont wanna miss trend that's why im already in pos and will buy more if we get one more decline. In any case we're in a global buy zone 4.5 - 3$ Entry: market and lower Targets: 6.2 - 8 - ~10 after first target reached move ur stop to breakeven Stop: (depending of ur risk). ALWAYS follow ur RM . risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions.
Long
by trytofeelpositive
12