FileCoin FIL - Ready for a bullish action! + Elliott Wave + Base
For a confirmation trade, buy a breakout above 6.41 USDT, which I strongly advise you to do here!
As per my Elliott Wave analysis, the huge impulse wave has been finished successfully and now we are ready for a bullish retracement.
As you can see on the chart, we have a local base (rectangle pattern) and this is something i like to see!
The last trendline of the last impulse wave has been destroyed by the bulls, so another great sign.
The profit target for this trade is 6.5 USDT, which is totally doable, but in the long term, I think we can go even higher.
Look at my ideas about interesting altcoins in the related section down below.
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
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FILUSDT
Filecoin (FIL) - July 31Hello?
Welcome, traders.
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Have a good day.
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(FILUSDT 1D Chart)
Primary resistance: 8.09-9.61
Secondary resistance: 15.65
1st support: 6.83
2nd support: 5.50-5.86
If it rises to the 8.09-9.61 section and is supported, it is expected to show an uptrend.
Since the RSI and StochRSI indicators have entered the overbought zone, it is important to find support and resistance at the point when they break out of the overbought zone.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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FILUSDT Analysis (Local Vision)Hello friends.
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Everything on the chart.
Entry: market and lower
Target: 7.1 and 8
after first target reached move ur stop to breakeven
Stop: ~5.1 (depending of ur risk). ALWAYS follow ur RM .
Risk/Reward: 1 to 5
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.
FIL/USDTHello Traders,
Today we will discuss regarding FIL/USDT,
IMP bottom is in & price raising toward wave 3. its strongest wave & price will go up like rocket. My target of fill minimum is 500$.
If you still out of market wait & take entry after retest & hold up to 19$.
Thanks,
print money as you want with us.
FILUSD bottom forming Filecoin like many altcoins is forming the bottom. We don´t expect a big pull back as many altcoins already formed their bottoms and FILUSD is lagging behind but we expect it to form the bottom soon and pump towards the next strong resistance at 17 $.
However, with the strong bullish momentum (expected in the next weeks), we expect FIL to reach our mid-term target (27 usd) in August or early September.
Long story short:
-Accumulate FILUSD now
-take profit at 17 $
-Sell everything when reaches 27 $ and expect the pullback.
- Most likely BTC will be ranging what will give time for altcoins to rise in the next weeks
FILUSDT - Oversold (Weekly chart!)I will keep this brief:
1) Price has dropped over 98% (!) from ATH
2) RSI is as oversold levels, descending wedge forming
3) The falling wedge drawn
4) It has printed red candles for a consecutive 10 weeks. How much more can it drop?
5D BTC pair chart looking nice too
Can the price drop more? Sure. But after a 98% correction? I am willing to say chances are in favor of upside.
TImeframe: Weeks
Return: Don't know
Leverage: 2-3x if you need to use
FileCoin Analysis ,FIL/USDT Update 📈📉HEY, what's up today ?!
Since 01 May 2022, that I posted the last analysis for FileCoin , after breakout the descending trendline
and a little rising , it wasnt successful to rise more , then as bull trap massively dropped ,and has been
declining till now!
So today as you see on the daily timeframe for FIL/USDT , after a little consolidation phase around current support zone ,and revealing some positive divergences , now it is ready to have a jump over here, so in this case if it be able to overcome the pivot zone and then breakout the first descending trend line it can reach the higher resistance zones!. but otherwise less likely can see the lower support lvls!
✌️ Good luck with your trading and investing and remember: Trade smart…OR JUST DON’T TRADE!
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👉This analysis is my personal opinion ,not a financial advice ,so do your own research.
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FIL stuck in channel - not a time to buy or sellFIL is stuck in a continuation pattern, which is called a "channel". Unfortunately, this indicates that the momentum will continue down, if it started this channel when it was going down.
However, with a little bit of hope and luck, if it breaks this channel, it can look promising, and the TP level would be around $7.5.
Vice versa, if it fails and goes lower, well then that's really bad news.
Otherwise, continue monitoring this.
FILUSDT 4H Price slowed down after falling, normal sign? LONGHello everyone
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FILUSDT After falling by -35% for 40 days, it is in the consolidation zone
I have identified two local zones on the chart, a local support zone and a local resistance zone, I think that the price will still come to the local support zone and the asset will show a reversal towards the $6 zone
Entrance $5.59
Stop 5.32$ behind the support zone
Take profit 5.80-6$
Filecoin breaking out$Filecoin "Double Bottom Reversal pattern"
As we can see on the chart the Filecoin currently succeds to breaks trend line and if price could stay above yellow neckline pattern and breaks $6.2 then i am so Bullish and i expecting we will continue bullish move to $7.5 and then $9.5📈
But as i said we should see the price stay above neckline or not.
THE BEST TIME TO ENTER FILI`ve made an analysis about FIL coin yesterday where I`ve said that I`m expecting it to reach at least 20$ in a couple of months and said the reason why I think so. For now I`d like to try a thing that I haven`t benn doing since last year - trading. Recently I`ve been only investing because of a lack of time now I want to try to return to the time when I was looking at the chart for at least 10 times in a day.
So as we can see there are couple of divergences on a chart from different indicators such as RSI and MACD histogram. We made a break out recently and we have to test it before going further. The same I`m expecting to see on BTC.
I`m going to add some coins to my long position at 5.6$. I think that price may go lower but I don`t want to miss this opportunity and not to buy at this price at all.
Surely there can be a strong impulse that can break all of this divergences but in my experience it has less than 50% chance of happening. But in case of that I still have an opened LONG position so I won`t miss that pump and a chance to make some money.
Thank you for your opinion. GL
FILUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a 4-hour-time frame analysis for FILUSDT
Here, you see R1 which used to be a support line and the well support of the price is clear on it. And S1 is a support area, as well. Now we have the price fluctuating below R1 and we expect it to rise to this line and then face a decline. If it moves above R1 and gives us confirmation candles and fixes there, we predict more rise for it.
Warning: This is just a suggestion and we do not guarantee profits. We advise you to analyze the chart before opening any positions.
Wish you luck
Runeusdt inverse head and shoulders....Our last bullish analysis on Rune was not triggered as we didn't get the strong 1H breakout candle we needed for entries....
Am proposing this riskier but more rewarding entry.
We will be needing an impulsive 1H breakout of that cute inverse head and shoulders for entries on the retest.
Like and subscribe......1:48R which goes to 1:5.5R on scale-in.