Filecoin (FIL) coin formed bullish Shark for upto 11.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with US Dollar pair.
Previously we caught a nice trade of FIL as below:
Now on a 4-hr time frame, FIL has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FILUSDTPERP
FILUSD 30 % drop possible before finding the bottomFILUSD looks bearish .
Resistance acting as a resistance . The price currently is below the key level and 30 % drop is still possibble before finding a potential bottom .
Currently it looks that the price may reach just below 3$ or maybe even 2,5 $ which would be a good buy zone for the next bull market.
Any bounce probably will be a short lifted and the price eventually will go down.
Good luck
Filecoin FIL price "more dead than alive", what next ?Two months ago, we made the idea of FILUSDT, where we wrote that the price was at a critical point near $5.
Unfortunately, the fall in the cryptocurrency market continued, and the FIL price reached the target of $3
Moreover, the price of Filecoin token on 16.12.22 updated its absolute price minimum - $2.42
What do you think caused a -40% drop in the FILUSD price in just 15 minutes on 16.12.22, write in comment?
The most positive scenario at this moment for FILUSDT is consolidation around $3 with further growth to $5
It will be unrealistic to break above this level the first time.
If you believe in this project, the price of current purchases is close to the minimum.
A similar situation on the FILUSDT chart was in December 2018, but there is a nuance, then the BTCUSDT price "trampled" the bottom around $3200, and now Bitcoin is 5 times more expensive (Fil unfortunately not...)
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THE NET VALUE OF FIL = 21 USDSince the bear market, more coins did lose their value, and some coins are even lower than the current price in NET value.
Today we are going to add about FIL, where we expect a short-term target of $ 4.30
NET value is much more important to count since this coin is able to return to $21 USD as Net value.
THE 21 USD was also the most important Zone for the increase to above 700% increase by FIL in 2021
We did count today depending on algorithmic trading and more trends and found out that the net value of this coin should be more than it's now.
Also, for this reason, we will follow this coin coming time.
The current price of this moment is 3.73 Depending on netcounting its wroth 21 USD.
FIL on all time low prices FIL / USDT
Price finally visited the all time low price (99% drop from the top) , It also act as strong support on high time frame
Still not enough reasons to rush in market conditions like this , but here we started to keep our eye on it
The long red dotted trend line is act as very strong resistance If breakout done on high time frame this could be a first sign of reversal
#FILUSDT Sideways channelTrade setup: Trading in Sideways channel ($5-$7). Swing traders can Enter near $5 support and Exit near $7 resistance. (Set a price alert). Trend Trader: wait for price to break above $7 resistance to resume uptrend, with upside potential to $10 thereafter.
Trend: Uptrend on Short-Term basis, Neutral on Medium-Term basis and Downtrend on Long-Term basis.
Momentum is Bullish ( MACD Line is above MACD Signal Line and RSI is above 55).
OBV (On Balance Volume): is rising, indicating that volume on Up days is greater than volume on Down days. Hence, demand (buyers) exceeds supply (sellers).
Support and Resistance Nearest Support Zone is $5.00. The nearest Resistance Zone is $7.00 (previous support), then $10.00
FIL (possible long term scenarios)FIL / USDT
Filcoin dropped 98% from the top of bull market 2021 year !
and now its trading at very critical point
Two possible long term scenarios I see for Filecoin :
Scenario 1 : double bottom from current price and targeting 11$ 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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🟢 FILUSDT - 4H (17.09.2022)FILUSDT
TF: 4H
Side: Long
Pattern: Falling Wedge
Entry: $5.7621
SL: $5.6376
TP 1: $5.9548
TP 2: $6.1510
TP 3: $6.3096
TP 4: $6.4683
Breakout + retest from falling wedge and is holding well here. My target for this position is TP 2, then I will see whether to keep it open or to close it once it's reached.
RSI and MACD are still bullish since entry.
FIL Update: 80% profits after my signal, more potential upside FIL / USDT
On 29th July we shared public idea as well as private signal for FIL ( just few hours before the big pump started)
We bought immediately after breaking local resistance with 80% profits in spot
Finally ,the Correction happened and seems like bulls are starting to gain momentum again
Keep in mind The short term targets all hit
However, High time frames resistance is located between 16$-22$ ,therefore a potential upside to hit these targets in next days …
For those who bought : take profits partially move SL to your Entry is the best approach here
FIL/USDT BUYING SETUP#FIL/USDT BUYING SETUP (Swing)
$FIL valid retesting for continue upward movement . we can any doji and next candle bullish maribazou candle, this is good confirm for FIL to continue movement. buy with money management
Entry : 8.33 - 7.3 - 6.85
Target : 9.4 - 10.8 - 12.73 - 15 - 18
Stop : 6.5
FIL FileCoin LONG 20220802Blue -> Green
Context: Green
FIL, File Coin, FILUSD , FILUSDT , FILUSDTP, CRYPTO, CRYPTOCURRENCY
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.
FILUSDT 1D Our FIL Long-term trade from $5,16 to $42,50We are not implying anything, but it seems that the price of FILUSDT may repeat the white fractal movement.
Where to enter the long of FILUSD and whether to enter the long is up to you, of course. We bought FIL at $5.16 on a deposit with a long-term trading strategy, that is why, we will keep long until at least $42.50
Currently, looking at the chart, there is still a chance that the Filecoin price will fall to the area of $7.25-7.50 and from here there is a continuous movement to $42.50
Well, of course, if the fractal does not deceive us, but that is a completely different story)
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Since 2016 , we have been analyzing and trading the cryptocurrency market.
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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.
FIL going down again ? Hello Trades,
We may be forming a Descending triangle on FIL now which is a bearish continuation pattern.
Target : 6.80
Fil is now standing on a strong support, Hopefully it can hold it and this pattern fail.
Some of you gonna ask, why I drawed the lines with candles under
I wanted to post this idea on 4h chart, but it seems that the real support is closer than that of lower timeframes shows.
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Educational :
The descending triangle is a bearish formation that usually forms during a downtrend as a continuation pattern. There are instances when descending triangles form as reversal patterns at the end of an uptrend, but they are typically continuation patterns. Regardless of where they form, descending triangles are bearish patterns that indicate distribution.
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#FIL/BTC 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick FIL/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-FIL/BTC PARALLEL CHANNEL and buy the green zone and (SPOT CALL)
Entry:-0.000251,0.000280
Traget:- 70%
Stoploss:- 0.000225
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
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Thank you...