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FILUSDT

$FIL may retest the previous high. I saw some people wondering about FIL. Very interesting chart, so here's my personal trade setup for it. First of all, the 3 purple ranges are strong support levels which may cause impulses there. Hence, here's what I will do, but it's a risk with a potential of 80-120% profits for the mid-term and may double your investment. I think FIL will retest the high! It broke out of another descneding channel and it now going through major resistance, however, I do believe it may drop down further which is why I have 3 entry points. Stop loss is far, but you can get out of it if you wish to DCA further on that level and wait for a further rise to get out at breakeven at worse case scenario. Risky trade, I wouldn't use a big capital on FIL because it's giving me bear market behavior. However, the volume is showing an accumulation stage, which is where the smart money may come in.
by bitmoey
2
FIL 200% PUMP COMING!FILCOIN has 2 patterns that are playing out. RSI has a Hidden Bullish Divergence on the DTF. You can see the 1st arrow completed with almost a 200% pump. The 2nd arrow is in play where we will retrace to $40-50. The RSI should bounce off 38.00 and pump 200% to $150. I believe the breakout will happen mid November and TRX and ETC have very similar charts so will most likely follow the same path. Target 1 - $80 Target 2 - $100 Target 3 - £120 Target 4 - $150 Target 5 - $200 Not Financial Advice.
Long
by UnknownUnicorn15453819
4
FILUSDT Technical Analysis⏳ Spot 💎 FILUSDT has broken above the descending channel and hos gone for the retest. It has also broken above the Bullish Flag and the major resistance. It has the potential go go higher 🌐 Tradingview 🏁 Short & Medium Term 💵 Invest Only 5% of your Portfolio 🎳 Entry at Market or at 57.29 - 59.86 ☕️ TP1 69.57 🍺 TP2 76.31 🍻 TP3 84.04 🍾 TP4 92.36 🍷 TP5 100.00 🍸 TP6 🍹 TP7 🎁 TP8 🚫 SL 55.00 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
2
FILUSDT , Did you buy ???Hello everybody We are update our analysis today for you traders According to our last analysis the price is about 65$ and we shown on chart that the price can come to our buy zone and in there we should buy and wait until the target reach , and exactly the price movement come to our buy zone area and activated our buy zone and now we should wait for our target You can buy more and buy if you re not in buy position until now we have time to buy Previous analysis : Dont forget stop loss and attention to money management Good Luck Abtin
Long
by Abtin00
2
Fil (FILE COIN) 1016% Profit potential.. Don't sleep on Fil!Hello Traders, I put this analysis together for you guys and gals as a freebee for Halloween as I have a few others. I manage a FB group called Crypto Kinfolk that keeps me pretty bury as I teach/coach over 100 students how to trade. This trade is looking great and I hope you all enjoy the profits on the way! As always, I have put together some information on what this coin is and where to get it below... Amazing project! Have a green week, Savvy 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, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020. The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Who Are the Founders of Filecoin? Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University. After founding Protocol Labs in May 2014, he attended Y Combinator in the summer of 2014 with the intention of supporting both IPFS and Filecoin, as well as other projects. What Makes Filecoin Unique? 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, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor. Decentralized storage systems like Filecoin allow people to be their own custodians of their data, as well as makes the web more accessible to people worldwide. Since participating in the Filecoin network by mining and storing is directly related to winning more block rewards, Filecoin incentives participants to act honestly and store as much data as possible Related Pages: Check out CMC Alexandria’ deep dive into Filecoin. We’ve also prepared a list of the 5 things that decentralized storage aims to fix. See terms you don’t know? Check out our glossary on Alexandria. How Many Filecoin (FIL) Coins Are There in Circulation? Protocol Labs describes Filecoin’s tokenomics, or economic model, as a “market for data” where users can sell their storage space to other users, who are looking to rent. Five stakeholders will be able to trade tokens: developers, clients, miners, token holders and ecosystem partners. There will also be three Filecoin markets, according to Protocol Labs: file storage, file retrieval and on-exchange token trading. In fall 2020, 400 miners participated in what was called the “Space Race” testnet phase, increasing Filecoin’s network data capacity by over 325 pebibytes; approximately 3.5 million FIL tokens will be released to the Space Race participants. How Is the Filecoin Network Secured? Filecoin is secured through proof-of-replication and proof-of-spacetime. In the Filecoin network, nodes that are also known as retrieval miners are in competition to serve clients with data as quickly as they can. They are then rewarded with FIL fees, which encourages a network of nodes that want to replicate and preserve files. Storage miner nodes are constantly competing for contracts to provide storage to clients to a specific length of time. When a storage miner and their client agree on a deal, the storage miner holds the client’s data in a sector and “seals” it to create a unique copy of that sector’s data. Storage miners are rewarded with FIL by clients as deal fees, and these miners can also mine blocks and receive a block reward. Where Can You Buy Filecoin (FIL)? Ahead of the Filecoin mainnet launch, Gemini and Kraken have announced support for FIL. Huobi will list FIL after the mainnet goes live.
Long
by Savvythe1
23
📰 FIL- Symmetrical triangle bottomThe price is currently bottoming inside of a symmetrical triangle formation. This could be an opportunity to get some for mid/long term trade (there's strong resistance ahead so we can assume it's gonna take time to see some nice profits) Entry: buy at current price down to 53.80 Long term targets: TP1: 66.30 TP2: 80.52 TP3: 97.30 TP4: 121.30 TP5: 194.38 TP6: 240.54 (~320%) TP7: OPEN++ >> !! Remember about risk management, DYOR and trade responsibly !! << --------------------- About 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, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020. The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Source: coinmarketcap
Long
by V0VOLAN
FIL - Start of the next wave?FIL/USDT 1D/8H Spot buying FIL here, respecting the major uptrend having formed a falling wedge breakout with the correction pulling into the golden fib and into a 4H demand zone, rejecting nicely off of it creating a pin bar on the daily and many rejection wicks in this area. On the 8H we have broke out of minor downtrend with high volume breakout as shown with the arrows and currently consolidating in the golden fib and demand zone. Daily MACD looks healthy showing momentum building up and close to crossing over centrline as sell side pressure on the histogram decreases Using fib projection on the corrective wave the next levels where price should head towards is the golden fib (yellow zone), usually find price rejects and consolidates around this area before breaking through it and continuing onto the 1,272 and 1.618 respectively. 272% away from its high so a great swing trade if held onto during the next alt season which doesn’t look too far off based on other charts and analysis. Fil is another ALT with great fundamentals for decentralised cloud storage, check it out here: filecoin.io
Long
by marshyyy
4