FILUSD looks goodFILUSD is in a short-term uptrend.
If the price retest the support, it may be an opportunity to enter long position.
RSI still looks good for bulls therefore the price should increase more in a short term.
8 $ should be acting as a resistance so it´s the final target for this trade.
Good luck
FILUSDT
FIL broke the downtrend line!FIL broke the downtrend line and the previous high of 5.903, and the lightning flashed that FIL stepped back to 5.122 (0.382) support twice.
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Main target price:
6.350~6.385(1.382)
6.684
6.985
7.166
Long orders of FIL contracts can take profit at the target price, and the stop loss price can be set at 5.122 (0.382); the stop loss price with a higher R/R ratio can be set at 5.421 (0.618).
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The yellow rectangle below is the support area of FIL.
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FIL/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.363 - 100.0% (149.878 USDT)
Take-Profit Orders:
1) 5.643 - 80.0%
2) 5.913 - 15.0%
3) 6.292 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
FILUSDTHello Dear friends
We are on the midline of the weekly descending channel. At the same time, several patterns with higher targets have been formed for us.
If the downward trend line is broken upwards, there is a high possibility of forming an upward trend similar to the drawn scenario.
We would be happy to hear your comments
FIL (possible long term scenarios)FIL / USDT
Filcoin dropped 98% from the top of bull market 2021 year !
and now its trading at very critical point
Two possible long term scenarios I see for Filecoin :
Scenario 1 : double bottom from current price and targeting 11$ as Tp1 (120%)
Scenario 2: visit all time low near 2.3$ and my long term target 28$ (more than x10)
what do you think the most possible scenario ?
❤️if you enjoy my long term analysis then dont forget to support my work so i will publish more ❤️
Which Filecoin FIL price do you prefer $3 or $26?Here is the longest trading history of FILUSDT that was found on tradingview.
Here is a weekly chart and if you really want to, you can see that the price of Filecoin is moving well from one liquid level to another.
Now the consolidation is very tight and, accordingly, one of two scenarios will soon begin:
1. Working off the double bottom and, accordingly, a long growth to $11 and $15. The global target for this pattern is Fil = $26
2. If the entire crypto market continues to fall and updates the lows of recent years, the price of FILUSD can easily fall into the range of $2.84-3.34
_____________________
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FIL/USDT - SHORT IF WE BACK TO GO DOWN ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.27 - 100.0% (122.4105 USDT)
Take-Profit Orders:
1) 4.923 - 80.0%
2) 4.478 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
FIL/USDT - SHORT TRIANGLE VALID----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.421 - 60.974% (70.6629 USDT)
2) 5.429 - 39.025% (46.1465 USDT) ✅
Take-Profit Orders:
1) 5.22 - 80.0%
2) 4.996 - 20.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Opened at 2022-10-02 13:05:03
Client: My-Binance Futures
Estimated Liquidation Price: 33.828
Average Entry Price: 5.429
Current price: 5.429
Allocated: 116.9 USDT
Opened automatically: No
Source: Manual
Profit 0.0% (0 BTC / 0 USD)
ROE: 0.0% (0 BTC / 0 USD)
You have 8.5 FIL