FILECOIN BOTTOM CLOSER THAN EVER!Filecoin is on the cusp of completing a Zigzag ABC correction,
These current levels are buy zones for spot buys
Best Place to go long is Orange Horizontal Support($20)
Top of the Descending trendline is The first target,
0.618- 2nd target,
Hodl the rest till price rejection.
FILUSDT
FIL USDT SPOT! Place buy order for FIL USDT spot!.
risk 1% of total capital.
We are near bottom we have nice bounce and create LTF bull flag. Expecting price to go to top of descanding chanel.
I looking long setup becourse TOTAL is at resistance and expectin move up.
Beter chance to get good trade:
TOTAL bullish look for long in alts
TOTAL bearish look for short in alts
Probable movement for FILUSDT in daily TFIn the daily TF, the probable movement of chart is as shown, the supply area is also shown.
I think the double bottom is probable but consider the lower TF movement and the market movement.
THIS IS NOT AN INVESTMENT ADVICE.
DO THE RISK ON YOUR OWN.
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6761
FILUSDT 1DDue to the downturn that has occurred and the price has reached the bottom of its downtrend channel
The price is on a valid prz and confirms the positive divergence rsi can make an attractive profit in the long run
If the first prz is lost, the next resistance is in the range of 7.87 to 6.17
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
Filecoin USDTFilecoin is an open-source cloud storage marketplace, protocol, and incentive layer.
Filecoin can reach the price in the future 400 $, very long term 800 $.
Under 20 $ maybe price go down back to 10 $ or less. :)
Please comment. Good luck.
This is not financial advice !
Please do your analysis and consider investing !!
🔵 FIL usdt is still in the channel 🔵🟦 FILusdt
⏰ Time Frame : 1W
🔵 I said before second senario.
you can see the price is under the midline of channel.and channel range is valid still.
we have a support on 10.00 $
I have shown the resistances.
📣 This Analyze its just A compelete overview of Fileusdt process.
🌼 I sent an analyze of File on Daily timeframe.
And I want to post a close-up analysis
📛 Please follow the market trend and decide to buy or sell.
⚠️ (This isn't a signal for buy or sell)
⚠️ The chart is in log mode
#️⃣ May / 01 / 2022
👸 Analyzed by : Parisa_Alipoor
Filecoin (FIL) Buy ZoneFilecoin (FIL) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
On higher timeframe, Filcoin has formed bullish pattern its potential reversal zone which is at the entry zone.
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$FIL/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 17.7 - 17.3
TP 1 : 18.1
TP 2 : 18.4
TP 3 : 18.75
TP 4 : 19.25
TP 5 : 19.75
TP 6 : 20.25
TP 7 : 20.95
TP 8 : 21.8
Stop Loss : 16.9
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Filecoin; is trading at Triple Bottom Pthe FIL formed a Triple Bottom on the daily chart That is reversal pattern and it recently bounced from the bottom supporting trend line pattern.as you can see on the chart it can move up to $25 ~ $27.
Assuming BTC won't make a dump, I'm looking for an entry around $17.5 ~ $18.5
So
If we lose our trend line support zone ( S ) , we can see increase sell pressure and more correction to below $15
And the price stays above the support levels ( S ), then we can see more gain like my red Arrow.
Happy trading 🌷
FIL looks bullishVery technical asset. I think it will still come in the 19-20 zone. Then I see only one way. He may have sprains. I don't expect him to fly up from the current ones, the correction looks incomplete.
I am waiting for your response. It's interesting to hear your thoughts in the comments.
P.s. By the way, this is an interesting entry point for a medium-long time. The asset has fallen heavily (now x11 to the peak price). The coin is held by major players and funds.
FILUSD Appears to be in a false breakout - 4HI believe we could be in the middle of a false breakout to the downside with FIL.
Breakouts of solid trends are almost always accompanied by a huge volume candle to confirm the demand. This breakout happened on very very weak volume, likely because of FILs correlation to BTC. I forsee a whip back above the triangle, and then a possible retest down to the red line marked on the chart before continuing higher.
I am bullish on FIL. It is only a matter of time before mainstream catches on.
BEFORE BUYING FILHello trading mates, it's me again.
i took some break for sometime now to clear my head and now i am back with a of momentum, having said that Let's dive in to what i have today.
you might be wondering what is FIL, Filecoin is a decentralized storage system that aims to “store humanity’s most important information. at the time of writing this article the price of FIL to USDT is 19.20 and it has been trapped in an
Ascending Broadening Wedge Chart pattern which is yet to be confirmed. yes for the wedge to be validated, the price need to decline more from 19.20 to 16.31 support line, which should send the price back to the resistance line at 30:700 to 31$.
Note* the falling broadening wage in the making started forming since January 22nd 2022 till date April 24th 2022, which is about 3 months and currently about to test the support once more.
for me i will be longing when it get to the support and shorting for another lower low when it gets to the resistance, i will be considering the market condition thou.
if you are currently bearish maybe you should wait for a clear clear breakout at at 16:500 which is the neck line of the previous lower low.
which ever way trade responsibly.
if you find this helpful, plz like and i would be looking forward to hear your opinion at the comment section.