FILUSDT trade ideas
📈FIL Analysis: Potential Breakout Ahead Amid ETF Speculations✨🔍Let's dive into today's analysis. The market continues to range, with most altcoins still confined within their range boxes, except for Ethereum, which has generated a lot of hype.
📰Today might finally be the day when momentum enters the market, as it's the deadline for the Ethereum ETF news. Regardless of whether it gets approved or not, the market is likely to see some movement.
🧩The coin we will analyze today is FIL (Filecoin). This project provides a cloud storage solution on the blockchain, similar to iCloud, where you can securely store your data. Today, we will focus on trading futures rather than the specifics of the project.
🔄In the 4-hour timeframe, after a significant drop in mid-April, FIL has been ranging, and this range continues. The range box has a ceiling at 6.678 and a floor at 5.332. These two levels are the primary triggers for opening positions. Any trigger between these two levels is unreliable; if you open a position, you should close it quickly.
📈For long positions, in addition to the breakout of 6.678, you can also consider the breakout of 6.316. If this resistance is broken, you can open a swing position. Currently, I do not see any other triggers for a long position. We need to wait for the market to create a new structure for additional triggers.
✅For profit-taking and targets, the first target based on support and resistance on the chart is 7.994. However, along the way, I will take partial profits several times. The only scenario in which I would keep the entire position open until it reaches 7.994 is if the RSI enters the oversold region and does not exit, indicating a sharp market movement.
📉For short positions, the main trigger, as mentioned, is 5.332. For early entry, you can enter a short position after testing 5.955 and breaking it. The second early trigger is 5.545, and breaking this level also allows for opening a short position.
📊Keep in mind, it doesn't matter which trigger is activated. The most important thing in the market is that volume increases in the direction of the trend. If you are opening a long position, the volume of green candles should increase, and the volume of red candles should decrease. The same applies to short positions; selling volume should increase, and buying volume should decrease.
📝In conclusion, today’s market movement could be significant, driven by the Ethereum ETF news. Be prepared for potential volatility and ensure your trading strategy is adaptable to both long and short opportunities in FIL.
🧠💼It's important to acknowledge the inherent risks in futures trading, with the potential for margin calls if risk management is neglected. Always adhere to strict capital management principles and utilize stop-loss orders, ensuring that the initial target offers a risk-to-reward ratio of 2.
FIL ???Hi.
BINANCE:FILUSDT
➡️ the odds of another bullish Movement is Pretty high because the pattern which FIL is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 No break out yet!
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FILUSDT 3D#FIL chart looks promising. It is moving inside a falling wedge on the 3-day chart. #FIL had a heavy correction. Now it's time to move up. In case of a breakout of falling wedge resistance and horizontal level of $6.417, the targets are:
$7.578
$8.394
$9.210
$10.219
$11.850
Support is around $5.351
FIL: Approaching ResistanceTrade setup : Trends are mixed. Following a bearish breakout from Descending Triangle pattern, price has also broken below $6.00 key level and 200-day moving average, which could signal onset of a downtrend. Price could revisit $4.50 support.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Neutral, Medium-term trend is Strong Down and Long-term trend is Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
FILUSDT will pumphi traders
FILUSDT looks great here.
FIL is trying to reverse the trend. It printed the double bottom pattern. You can buy now or accumulate in the buy area if we get pull-backs on lower time frames.
Target: 10.300$
Stop loss: 5,17 $
Reaching the target may take several weeks so be patient
Good luck
File coin is under discount but not for long time ...40$ loadingDont miss the FIL Rally , it will Pump hard
train once moved will not stop
DCA from here and Chil for new coming profits
Copy Spot trading are available now in bitget with 100 % win rate so far , seats are limited , lets make Money
BitcoinJumber
FILECOIN to 80$ and moreFilecoin 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 where users pay for data storage and distribution services in $FIL. 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.
FIL Symmetrical Triangle - Possible ReversalNot Financial Advice
BINANCE:FILUSDT has been trading in a symmetrical triangle for more than 1 month, and is now retesting the resistance trendline.
The RSI broke its trendline, this is a potential leading signal for an imminent price breakout.
A successful breakout of the triangle's resistance trendline could mark a reversal and lead to a retest of previous key levels: $8, $9.5 and the $11.5 area.
FILECOIN can ascend further ! What Shall we Expect ?Hi.
BINANCE:FILUSDT
Filecoin chart confirms that the expected falling wedge breakout has occurred successfully
Now price is poised for a significant bullish move.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FIL/USDT Ready for a Swift Recovery From Current Support 👀🚀💎Paradisers, #FIL is currently maneuvering within a descending channel and gearing up for a potential breakout.
💎After the breakout, we'll await a retest to confirm this movement before strategizing our next steps. This retest is crucial for validating the bullish momentum. If #Filecoin stabilizes at the support level of $4.99 and resumes its ascent, we anticipate reaching the resistance zone outlined in our analysis.
💎However, if #FILUSDT fails to sustain this support and falls back into the channel, it may signal a weakening bullish trend. Under this scenario, the price could decline to the subsequent significant support level of $4.42.
💎Historically, TSX:FIL has demonstrated the ability to recover strongly from this price point. Should this pattern continue, we could expect a robust rebound. Nevertheless, a definitive close below this support level would alter our bullish narrative and indicate a possible shift to a more bearish trend.
MyCryptoParadise
iFeel the success
FILUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity.
Everything on the chart.
Entry: Market and lower
Targets: 10 - 15 - 20 - 28
Stop: under 3.3 (depending of ur risk).
RR: 1 to 10
ALWAYS follow ur RM.
risk is justified
It's not financial advice.
DYOR!
FIL USDT - FILECOIN target 60 usd long
Filecoin is an open-source cloud storage marketplace, protocol, and incentive layer.
Filecoin can reach the price in the this year 60 $. Via price predictions.
Supply
Circulating: 548,552,289 FIL
Total: FIL 1,960,510,820 FIL
-
We are now on target, instant buy zone.
-
Please comment. Good luck! $$$$
This is not financial advice! Warning, price may fall less, 3.00 $ maybe more down.
Please do your analysis and consider investing!!
FIL: A possible Short-Term Rebound FIL: A possible Short-Term Rebound
FIL confirmed a bullish pattern on the 4 hour chart showing in this way the possibility
of a short-term rebound.
This could be related with the NFP data we have today and we can likely see FIL
testing the top of the small structure again.
Strong resistance will be found near 6.7
A breakout above 6.70 should push the price further up to 7 - 7.3
You may find more details in the chart!
Thank you and Good Luck!
❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
FIL buy with EZ7strategyAnalysis by EZ7strategy🎖️
1. **Price Levels**:
- In the chart, three important price levels for the digital asset FIL/USDT are indicated:
- **First Support Level**: If the price reaches the first support level (5.442$), it may serve as an entry point for buying.SL=4.952$
- **Second Support Level**: Similarly, if the price reaches the second support level (4.072$), it can also be considered as an entry point for buying.SL=3.655$
- **Latest Buy Level**: This point is also designated as an entry point for buying (3.431$).SL=2.911$
2. **Exit Points**:
- Determining exit points from a trade requires more detailed analysis of the chart and market conditions. However, generally, exit points may be at resistance levels or when the price reaches specific points.