Filecoin Update: Yes, Bullish Confirmed!I thought I should look into Filecoin and guess what, I already did so 10 days ago. Here is an update.
Two weeks ago we got the bottom candle, 7-April, a hammer at the end of a down-move. A clear reversal signal.
This week is the third week green. Classic textbook confirmation of the hammer reversal. After the signal comes in, two weekly session moving positive will confirm this signal. And that's exactly what we have on the chart.
This week is green but notice the chart. Just look at it. Look at the current action and just how low prices are. The action is happening below the December 2022 low based on candle close. This means that we are still within bottom prices, the best possible entry prices ever; an incredibly opportunity; an amazing buy-zone.
Good news and bad news.
Good news is that prices are still low.
Bad news is that prices won't remain low for much longer, the market will grow soon and once it starts growing there is no second chance. The second chance is now, the first one was the 7-April low.
This is for you. What will you do?
Some pairs are already moving and I hate to buy when prices are higher, I love catching the bottom, it leaves no room for stress. When we buy when the action is happening, there tends to be a stop and as soon as prices drop, we become anxious because we don't know what will happen next.
When we get the bottom, it doesn't matter what happens we are always in the green, in this way, trading becomes fun, profitable and easy. This is an easy win.
» 2,400% potential is strong but still a conservative target. Cryptocurrency is set for something that cannot be described in simple words.
Total growth can amount to 1,000%, or even 500% and still, this would be amazing considering that other opportunities can result in devaluation rather than growth.
The entire market is set to grow on average between 10-30X. If the entire market grows on average between 5-10X, we will take it and be happy and grateful, as long as we win, we can continue to trade.
The market will not grow 5-10X, this is the growth that we experienced in the transition year, it will go much, much higher.
Thanks a lot for your continued support.
Namaste.
FILUSDT trade ideas
FILUSDTFIL is showing signs of a potential trend reversal 📊
Price has formed a higher low and is now approaching the key resistance at 2.485 USDT. A breakout above this level could open the way toward the next major zones around 2.887 and even 3.189 USDT 🚀
However, if rejection occurs, we might see a pullback toward the 2.272 USDT support area 🔁
Currently, momentum is leaning bullish and favoring a move higher, especially if the descending trendline gets broken with strength 💪
Filecoin: Your Altcoin ChoiceThis chart has perfect symmetry. Filecoin is doing good because the 2025 bottom and ATL is coming as a long-term double-bottom. This double-bottom is 2 years and 5 months long.
The previous market bottom happened in December 2022. This time it is April 2025. As can be seen on the chart, the December 2022 low was pierced on a wick but the action is set to close above this level. Giving us a perfect double-bottom and also a perfect reversal signal. The signal becomes strong when the week closes in a few hours above 2.3215 thanks to the high volume on the current session.
A new All-Time High is possible and everything is possible in this 2025 bull market. A lower low long-term would invalidate the new ATH potential but here we have a technical double-bottom so the potential remains open.
I am mapping a 2,722% target on this chart but this is me being conservative. As I mentioned elsewhere, the reason why I will be wrong by the end of this bull market is because the end targets will be much, much higher than what is shown on the chart, and that's ok. I rather my followers secure huge profits rather than missing the train (or rocket) due to greed.
There is no need to earn or aim for 1,000,000%. It is better to make wins, to win, secure profits, continue trading and grow. We are here long-term. The market is here to stay. There is no need for unrealistic planning and expectations. It is better to win, be a winner, achieve success and take money home.
Trading is a money game and we are here to make money, no doubt about it, make no mistakes.
Confusing the goal with skewed expectations can lead to bad results.
We just want the win and we are grateful for everything that comes our way. Gratitude, equanimity and piece of mind, stability and emotional control will lead to trading success.
It is not about the entry timing, the price or the chart, it is about you, your emotions and personal growth.
Expand your mind, and your money grows.
Open your heart and get whatever you want.
Seek first the kingdom of heaven, mental control, and whatever you want will be yours.
Namaste.
Filecoin (FIL): Break of Trend | Possible 1:2 RR TradeWe noticed a nice break of trend on Filecoin where sellers slowly took over the dominance, turning the market price over and resulting in a sweet break right there.
Now, after a recent stop hunt we had on the 4th of April, we have to be careful, as there might be similar movement happening (who knows), but overall we are aiming for that lower target zone as long as sellers maintain the dominance over the 100EMA line.
Swallow Academy
FIL RectangleBINANCE:FILUSDT has been trading in a rectangle since August 2022. It recently below the demand zone, swept liquidity to $2 and regained support.
Key Levels to Watch
• $2.4-$3.0: Support and multi-year demand zone, recently tested and regained.
• $10.5-$11.8: Resistance and multi-year supply zone.
Measured Rectangle Targets
• Breakout: $20.0, also a support dating back to December 2020.
• Breakdown: $0.5
Filecoin is still lagging behind other alts, but, if you're looking for something you don't need to chase, it could already offer a nice long entry, with interesting R/R and a clear invalidation (lower low below $2.0).
Short Position FIL/USDT🔥 FIL/USDT – Approaching Key Short Zone
FIL is currently consolidating within a tightening wedge structure, showing signs of bearish indecision as price grapples with a well-defined short zone. Price action has moved aggressively from local lows and is now testing multi-level resistance areas.
🟣 Zone to Watch:
“Possible Short Zone” highlighted in purple — this zone marks a high-probability entry area where sellers could step in.
📍 Entry Point:
🔴 Short Entry: 2.654 – Near the lower end of the resistance window.
📉 Momentum & Setup:
Chart Formation: The consolidation has created a rising/symmetrical wedge, indicative of a bearish retest scenario.
Volume Consideration: Look for a spike in volume accompanying a bearish reversal near the upper band of the zone.
🟢 Take-Profit Zones:
✅ TP1: 2.518
✅ TP2: 2.333
✅ TP3: 2.125
✅ TP4: 1.848 (Final zone)
❌ Invalidation Level: 2.90+
(A strong close above this level would signal a potential trend reversal and invalidate the bearish setup.)
🧠 Narrative:
This setup is a textbook example of a bearish retest where support converts to resistance. The rapid price climb has likely exhausted buyers, setting the stage for sellers to capitalize on the multi-level resistance. Smart money appears poised to offload positions at these levels before further downside expansion, potentially triggering a liquidity grab.
🎲 Market Context:
Keep an eye on overall crypto market sentiment.
📌 Risk Management:
As always, manage your position sizes and money management carefully. Consider setting a stop-loss just above the invalidation level (around 2.90) to protect against unexpected moves.
FIL can touch 1$ in the coming weeksFIL / USDT
The price just brokedown the Huge trading range (2022-2025) on weekly chart and price still find difficulty to restore the broken support
Our view for this coin in mid term is bearish and few weeks we can see FIL hits 1$ 📉
This is my macro view for FILUSD as long as price doesn’t reclaim the support with strong volume
Best of wishes
#FILUSDT remains under bearish pressure📉 SHORT BYBIT:FILUSDT.P from $2.616
🛡 Stop loss $2.645
🕒 1H Timeframe
⚡️ Overview:
➡️ The POC (Point of Control) BYBIT:FILUSDT.P is located at $2.766, far above the current price — this highlights strong historical selling pressure.
➡️ Price is forming lower highs and lower lows, confirming a bearish trend.
➡️ The breakdown below $2.616 triggered the short setup with further downside potential.
➡️ Volume spikes during red candles indicate continued seller activity.
🎯 TP Targets:
💎 TP 1: $2.605
💎 TP 2: $2.584
💎 TP 3: $2.570
📢 Watch the $2.616 zone — holding below increases downside probability.
📢 If price moves above $2.645, the setup becomes invalid.
BYBIT:FILUSDT.P remains under bearish pressure — short bias stays valid under current structure.
FIL Secondary trend. Channel zone. 31 03 2025Logarithm. Time frame 3 days (less is not needed).
Main trend. Time frame 1 week.
Published more than 2 years ago 22 01 2023
FIL/USD Main trend. From the maximum of $237 -99%
In the specified range, a horizontal channel with a large % step (exactly 370%) was formed earlier (2.590 - 7.157/10.7). There have already been 3 pumping waves in this channel. From the pumping highs in the main trend, the price fell by -98.98%
Secondary trend . This horizontal channel with a step of 370% and work with trend reversal formations.
Local trend , zone of formation of a descending wedge, zone of capitulation and trend reversal.
FIL/USDT Local trend. Wedge. Price clamping . 30 06 2024
Working now with the forming descending wedge and trend reversal in case of its breakthrough.
Filecoin FIL Will Continue Bear MarketHello, Skyrexians!
Recently we made the most hated article about Bitcoin Dominance growth, but this chart reflects great what can happen soon. The mistake of the most traders here is that they are sure that alseason will come now. Most of crypto shows weakness and we need to be more realistic. Today we take a look at BINANCE:FILUSDT as an example of bear market continuation for risky assets!
Let's take a look at the weekly chart. Current bear market can be seen as an ABC. The most common mistake that people think that wave B is an accumulation, but this is redistribution and the new mark down phase is starting now. The support will be broken because there is no other way. There was a chance for altcoin season in November when price has formed the anticipated wave 1, but wave 2 has broken this belief and now we are in the wave C. Current wave is wave 3, but to the downside. Targets are very low, they cannot be measured, but FIL may easily touch $1. This bear market will be finished with the ending diagonal, like most of major trends. This information is not for panic, but be ready for the big crash again. Anyway, now there is a great price for long term accumulation, the only one question will you be able to see -70% from the current portfolio value?
Best regards,
Skyrexio Team
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Filecoin Technical Analyze Trend: The price shows a strong decline after a massive spike, which indicates it could be experiencing a retracement or consolidation phase.
Support: Around the 2.50–2.80 level (green zone), which seems to have held during recent price movements.
Resistance: The red zone around 5.00–5.50 is the immediate resistance, with higher resistance near 59.48, which indicates significant selling pressure above this level.
Volume: There is a noticeable surge in volume during the price decline, suggesting that the recent downtrend is likely being fueled by significant selling activity. This could indicate a potential continuation if the volume stays elevated.
Price Action: If the price tests the 2.50–2.80 support zone and holds, we might see a rebound. Otherwise, a breakdown could target 0.45.
Breaking: Filecoin Reclaims $3 Surging 4.80% Today The price of Filecoin ( LSE:FIL ) saw a noteworthy uptick in price surging 4.80% today, breaking key resistance albeit the crypto market in a bullish trend. LSE:FIL is enroute the $4 mark.
The decentralized storage system that aims to “store humanity’s most important information has been constrained in a consolidation zone for almost 2 months without a clear cut direction, sticked in the $2.70 price zone.
Should Filecoin breakthrough the $3.3 pivot point and possibly the 1month high that is serving as the the resistant point ($3.5), LSE:FIL could secure a move to the $4 zone and consequently a breakout to $7-10.
Filecoin Price Live Data
The live Filecoin price today is $3.12 USD with a 24-hour trading volume of $131,402,802 USD. Filecoin is up 3.50% in the last 24 hours, with a live market cap of $2,016,455,965 USD. It has a circulating supply of 645,941,959 FIL coins and the max. supply is not available.
FILUSDT 1WThe price has reached three strong and valid support levels:
1. Static support zone
2. Lower boundary of the descending channel
3. Mid-band support of the pitchfork
It seems that if any correction occurs, it will likely be more of a time correction rather than a significant price drop. I don’t anticipate any major decline for this asset.
FIL: The Life-Changing Setup You Can’t Ignore!FIL has been in a massive 3-year accumulation, just like LINK before its explosive run. The setup is textbook perfect—and the window to get in won’t stay open forever.
Right now, FIL is at historical lows, setting up for a potential 600%+ move. If you're sleeping on this, you might be making a huge mistake. Don’t be that kind of stupid.
Entry: NOW
TP: 19
SL: 1.8