📊#FIL may have completed a weekly level correction✔️🧠After we reached the first target at the weekly level, there was an adjustment corresponding to the cycle, which is very reasonable. Prices are now back within the weekly buy zone and have established a double bottom bull structure, so we have the opportunity to bounce back from here.
➡️If we can continue to break through the previous high, then our ideal target area can be seen at 16.771-21.233, so it is reasonable to hold some FIL from here.✔️
Let's see👀
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FILUSDTPERP
#FIL/USDT#FIL
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. It expects some correction and then a rise.
After rebounding from a significant decline, it is expected that the downward gap will be filled
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that expects a break higher
Entry price is 6.60
First goal 7.16
Second goal 8.32
Third goal 9.03
#FIL/USDT#FIL
The price is moving in a downward channel on a 4-hour frame, about to break upward
We have a Resin support area at $8
We have a downtrend on the RSI indicator about to occur. Bounce up
We have a higher stability moving average of 100
Entry price 9.14
First goal 10.07
The second goal is 10.70
Third goal 11.56
Filecoin FIL price will be able to restore its former greatness?Filecoin is "a dinosaur project" in the cryptocurrency market.
And although the project is fundamentally strong and necessary for the development of not only the crypto market, the price of TSX:FIL still cannot get off its knees.
We hope that buyers of #FILUSDT will not allow the price to fall below $5.70-6.
This zone should be considered as a buying zone for medium- and long-term investments.
Of course, if you believe in the prospects of #Filecoin and the possibility of FIL price rising to at least $23
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FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 9.70
🛑Stop Loss: 9.42
🎯Take Profit: 9.97 - 10.25
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Is FIL preparing for a serious growth? Hello everyone!
I also suggest considering an asset such as #FIL.
The Fibonacci levels intersect nicely with the area of interest on the chart.
I think we can expect a repeat of the price increase to the recent local high and possibly a move above it.
Buy from current values.
Targets on the chart. But the higher the % of expected profit, the longer you may have to wait.
This is not financial advice, everything you do is at your own risk!
FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 10.53
🛑Stop Loss: 9.55
🎯Take Profit: 11.29-12.13
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📊#FIL continues to explode, where is the next TP❓🎉I am very happy that the market has developed as expected. We found the opportunity to enter the long market when the price returned to the neckline buying zone. We have now locked in 80% of the main profit. Congratulations to the friends who followed Wolf King to print money. reaping profits of around 1700%+.🎊💰🍻🍻🍻
🧠From a structural point of view, after we broke through the previous high, a larger-level double-bottom long structure was established. Combined with the daily-level bull continuation, we will pump higher.🚀
➡️From the perspective of wave theory, it seems very reasonable for us to go to the target area of W1.✔️
Let's see👀
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📊#FIL has a chance to break through the previous high📈🧠We started to rebound after completing the daily level adjustment. We have now successfully broken through the resistance zone, and the resistance zone has turned into a buying zone.
➡️The breakthrough of the short defensive point means that the short structure is destroyed, so without any obstacles, we will most likely continue the long trend.
➡️According to the wave theory, we are completing the fifth pulse wave
Therefore, there is a high probability that we will continue to move higher and challenge the previous high.📈
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Fil/Usdt Idea A breakout of FIL/USDT has been confirmed on the weekly time frame. Market structure is showing a shift towards a bullish trend, and I anticipate a significant bullish move in the coming days. However, please note that this is not financial advice. Do your own research (DYOR) before making any investment decisions. Let's observe how the situation unfolds.
📊#FIL successfully reaches the TP zone, what next❓💥Everything developed as expected. We entered the market based on the establishment of the double-bottom long structure. Currently, we have completed all our goals and achieved a rate of return of 1300%+. Congratulations to our friends who followed Wolf King to print money.💰🚀🌕🍻
🧠There is a probability of a correction after the target is achieved, so I don’t know whether it will continue to complete the fifth wave of rise, and we need to observe the new structure.👀
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📊#FIL is expected to challenge the Front H⚔️➡️As expected, the market experienced a correction at the daily level, which is very reasonable, because after the structural goals of the large cycle are achieved, there may be adjustments to the corresponding level. Due to the multiple additions to the position, my cost price was raised, so the small portion of the position we had left was wiped out at break-even.
🧠From a structural point of view, we have formed a new long structure in the D buy zone, so it is reasonable to start a daily rebound from here.
➡️From a wave theory perspective, we appear to have completed Wave 4 and are looking forward to the development of Wave 5
Let's see👀
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wait for break channel(FIL)📊Analysis by AhmadArz:
🔍Entry: 4.953
🛑Stop Loss: 4.989
🎯Take Profit: 4.90 - 4.85 - 4.80 - 4.76
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FIL 17.01.24In an environment where the market is generally positive, the halving is approaching, and finally interest rate cuts are discussed, FIL coin will also get its share.
The rising trend (green line) will be the best place to buy, but since I do not want to wait, it would be best to buy in pieces, including these levels.
It will be ready to fly when the 4-hour candle closes above the falling trend (red line) and retests.
TP1 : 7.4
TP2 : 7.99 (psychological resistance)
TP3 : 8.61
What I write here serves as a note to myself. Does not include investment advice.
trade by priceaction R/1.5(FIL)📊Analysis by AhmadArz:
wait for complete setup.
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Trade powered by pricaction(FIL) 📊Analysis by AhmadArz:
This power backtest...
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FIL Potential to Increase to $15.6 in Q1 2024FIL Potential to Increase to $15.6 in Q1 2024
Please accept our apologies if this is a mistake.
I see FIL coin has the potential to rise to a price of 15.6 dollars for Q1 of 2024 or maybe more than that.
For the reason there is a triangle pattern over a larger period of time and other reasons present in the video. And at this time it has gone out of the daily trend line.
📊#FIL may continue to rise based on the double bottom structure➡️After a long decline, we constructed a smiling face bullish structure and a small double bottom structure at the bottom, and used this as support to start rising. When we reached the mid-term TP zone, we started a sharp correction, which was very reasonable. Because the realization of macro-cycle goals is often accompanied by macro-cycle adjustments. When we pulled back to fib0.5, we re-established a double bottom long structure, so I have reason to think that we will continue to rise next.📈
🧠If we can successfully break through the short defense point above, then there is a high probability that we will challenge the previous high. If the previous high is broken, then a higher target is worth looking forward to. So it's important to be patient.☕️
⚠️But to be conservative, we will first lock in about 50% of the profit. If we do not continue to break through the short defense point above, our position is not heavy, so the corresponding risk is also reduced. If we continue to break through the short defense point above, but do not continue to break through the previous high, and then start to pull back, we will look for opportunities to add to the position.⚙️
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FIL target 6.64h time frame
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FIL is breaking above the falling wedge, which is created since dumping from previous high 5.6.
Also, FIL got support from 0.5~0.618 Fibonacci Rettacement and accumulation zone. Next, we can set target with Fibonacci and long-term triangle structure, that is 6.35~6.9
TP: 6.35~6.9
SL: 3.9