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..
FILUSDT
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
➖➖➖➖➖➖➖➖
👤 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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FIL LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG 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
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!
Potential for a stronger reactionThe next support level is considered to be in the $4-$4.20 range, which has the potential for a stronger reaction. Filecoin is again more likely to undergo a deep correction on the weekly timeframe if it loses the current support. But selling pressure may momentarily push the price below this support, which is highly likely in the current conditions. Therefore, we should wait until the price stabilizes at the support levels.
✴️ 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.
Filecoin (FIL) coin formed bullish Shark for upto 11.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with US Dollar pair.
Previously we caught a nice trade of FIL as below:
Now on a 4-hr time frame, FIL has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade