FILECOIN - Buy Idea (Short-term)The short-term cycle dictates a quick upside reversal that could spill over to the longer term cycle. For now, we're eye balling the next local key-level resistance of 3.70
FILUSD trade ideas
Filecoin - Buy IdeaThe major support key level of $3.62 had been activated and is expected to hold and push price action to a complete upside reversal. We're firing off a new bullish campaign, targeting the next major key-level resistance of $4.46
FILECOIN -The accumulation is almost overMy favorite coin right now is FIL, for several reasons, the first is that the risk reward in this case is really exceptional considering the historical support very close and the last important point where the course has been reversed to about a 50X from here, the second fundamental factor is Grayscale which has not one but two funds dedicated to FIL, the first is a single-asset fund and the second has just been created and is called Decentralized AI Fund where Filecoin is the most important holding (more than 30%). That said, we have a coin with incredible potential that is great from both a technical analysis and fundamental analysis perspective
Filecoin - Short-term Buy IdeaStrong key-level support is coming in at 3.43. We predict a short-term upside reversal back up to $3.64
Filecoin - Play the reversal Pattern. Start building longs. Filecoin may be forming a giant inverse head and shoulders/triple bottom. This is granted that we don't bust through the low 2.00ish area and get price discovery to the downside.
I would be buying as low as the low 2.00 area, and as high as 5.00-6.40.
Unfortunately, I don't think that this market cycle is going to be as strong as the others, so we may only see the measured move play out from the inverse head and shoulders. That would take us to key resistance at around $16.00.
If we are very lucky, then we may get to attack the upper targets as we did last market cycle - that would be 36.00 as the next milestone after 16.00. Then 55-56.00, then 86-87.00, then 220-230.00 again if we get extremely lucky.
The way that this market cycle is looking, I am personally not setting my expectations beyond 16.00 for Filecoin. I'd love for that to be proven wrong, trust me!
As always, I appreciate the collaboration!
Filecoin - Bullish CampaignThe recent nose dive in the Filecoin had reached a bottom by making contact with the strong key-level support of $3.62. An upside reversal is highly likely at this point. A bull cycle might kick into higher gear, targeting the next big key-level resistance of $4.46. Stay tuned...
SIMPLE STRATEGY Breakout and retest completed....... possible sell from FILUSDT....Make sure u spot confirmations bf entry...💀💀💯💯
SIMPLE STRATEGY Breakout and retest completed....... possible sell from FILUSDT....Make sure u spot confirmations bf entry...💀💀💯💯
Almost time for $FIL? $25+ target soon?TSX:FIL looks like it's almost ready for it's moon mission.
I think there could be a possibility of one more low to the $4.80ish support and longing that area should provide great returns.
Think once we break the blue trendline, we'll have a move straight to $25. From there, we'll see if we can hit the higher supports.
Market analysis ( Indices, Gold, GBPUSD and crypto)Here is an overall update of what I think is going on in the market. Correction in Gold and Indices. Overall USD strength is visible. Right now I have short positions in gold and GBPUSD.
FIL - Next stop $20-$24Fil looks to have built a nice base above the $8.30-8.40ish S/R.
I think that it will continue to work the fibs and climb to around 20-24 dollars. There I think it will hit a correction to the low to mid 14 dollar area and then build support on the 17.40ish area once the correction is finished. This is a continuation of an earlier trade idea that I'd posted.
$FILUSDATM my first fib analysis on the recent bull run, FIL holds at the 0 lvl. On the broader scenario, the trend-based fib is holding pretty greatly the 0.382lvl.
Joining both fibs, the fact that volume has stabilized and interest rates remain the same, they intersect pretty well where we are now.
Imagine what FILECOIN does in the UPCOMING BULLMARKETYes, you're still on time, look at the green buy-boxes.
The retracement in Filecoin is still high, is stull buy every moment it dips until it climbs up -90% from previous highs.
$FiLEcoin: $4.60 | King of Storage for HumanityFinding Value in a sea of REDS or GREENS is confusing
this one is the last resort for Big Projects to STORE everything
a gem powered by PANTERA Group
the invisible hand in BlueChip Coins
that rewards heavy hitters quietly
Dressing Up at Premium for Vesting remaining 9% supply
meaning Bidding War to take control shall take effect around Nov 15 - Nov 23
then Cz and Binance Labds should PUMP this like it was during Greater BULL
strategy: position size 50%
reserve the rest at Scam Wicks and Breakout
SEE SOlana Playbook under $14..
$FILUSD looking extra bullish COINBASE:FILUSD price is rising, Volume is increasing, RSI is looking good too and it also broke the fib 0,236.
Filecoin #FIL echo W bottom to $42Filecoin is being shilled by Arthur Hayes
as he likes the narraitve of decentralised blockspace
I just like the chart :)
I predict we see this W bottom play out for a second time
Will the blowoff top be as manic ?
still good gains to be had ..
if Bitcoin does what we hope
Has Fil Coin's upward trend started ?It is observable that we are in an ascending triangle.
In the previous two instances, the price has moved from the support trendline to the resistance trendline.
If this happens again, can we expect a 300% increase in the next 100 days?
What would you like to see happen?
For the first target after breaking the $6.26 range on the daily timeframe, we can consider $8.
I will explain in the next updates how we can proceed.
Please note that the final target is in the range of $20.5 to $22.5.
This chart is just my analysis and I never give financial advice.
You are the decision maker and you should do your own research.
FIL Pump To 24 % ?After a 40-day consolidation period within a box range, a breakout opportunity may be imminent. However, a crucial decision arises:
High-Risk Entry vs. Optimal Entry Point
The $6.37 support level provides a risky entry point, but could also be an optimal entry. Conversely, the $6.72 resistance level could provide a more conservative entry, but the price may have started to rise from $6.37 and we may not be able to make a decent entry in the $6.72 range.
Keep in mind that RSI it is in a range that can cause a strong upward movement
Your Entry Strategy:
The decision of where to enter the trade lies with you, exercising sound capital and risk management principles.
Disclaimer:
This analysis solely reflects my perspective and should not be construed as financial advice. The responsibility for any profits or losses rests solely with the individual trader. I merely identify potential entry points for consideration.
FIL breakout in a week?Depending how the crypto-market develops, I'm expecting FIL will breakout. FIL seems to have a strong base of support, tested multiple times. Now it's slowly moving to the line of resistance
FILUSDAccording to the waves analysis we can expect that price rise again to the green zone. follow me for more ideas
Filecoin way to 28-40$.Filcoin looking very interesting right now
Pumped from its all-time low (2.2-2.3)
$FIL got rejected from its historical resistance(9.7-11) thrice as mentioned above
Two possibilities
1. Bearish Shark Pattern
in this case, I expect $fil to break that resistance zone(9.7-11) directly and make a successful retest to move to (28-40)
2. Inverse Head And Shoulder
Or one more time get a rejection from resistance (9.7-11) and make Inverse Head $ Shoulder
In both cases, fil Projected target remains (28-40)
Dyor
NFA
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