FILUSDTFILUSDT
* we can see FIL it has been in very long time resistance.
* now broke the resistance in weekly time frame and close candle above
* what are you waiting now? isn't time to make good profit?
FILUSDT trade ideas
fil coin BINANCE:FILUSDT :The FIL coin has formed a cup and handle chart pattern on the daily timeframe. This pattern is typically bullish, and it suggests that the price of FIL could rise after it breaks out of the handle. The breakout point is at 9.53, so if the price of FIL can close above this level, it could be a sign that a new uptrend is starting.
However, it is important to remember that no technical analysis pattern is 100% accurate. There is always the possibility that the price of FIL could fall instead of rise. Therefore, it is important to use capital management when trading FIL or any other cryptocurrency
FIL Temporary Retrace about to happenWe just had two awsome pumps on FIL, and as much as I want it to keep pumping, the ascending wedge during an uptrend can be a sign of a looming reversal. The bottom of the trend line was broken once (by me, sorry folks, I panicked) at $10.54 and we are hitting resistance at $10.80. If the candel falls below the bottom line of the wedge again, it could be a retracement back down to the $9.90 range or worse $8.90. So tread lightly.
FIL ascending wedge breakdown"A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend."
The breakdown has started for FIL and I believe the price will retrace abit before it can start a new leg higher.
FileCoin Toward 8$ zoneStrong Support: FIL is seen as a buying opportunity.
Market Structure: On the 4-hour chart we have twice a break of structure(BOS) which is a bullish reversal, we have HH $6.19 LL $4.4
Golden Cross: This bullish signal is also observed, further supporting the optimistic view.
Trading Strategy:
Stop Loss: Set at Fib retracement 0.5($4.93) - 0.667($4.18)
Profit Targets: Fib Extension 2($8.9) 1.618($8.1)
First Target: $8.1. At this level, you suggest taking 30% of the profit.
Second Target: $8.9. This is where I recommend taking the biggest portion of the profit remaining 100% of the position.
Risk Management: My strategy includes a clear plan for taking profits at different levels, which helps manage risks and secure gains.
Personal Opinion: This is my opinion and encourages others to take profits staggered, as per my suggested levels.
It's important to note that this represents a personal viewpoint and strategy, and market conditions can change unpredictably.
Traders should research and consider their risk tolerance before following any trading strategy.
Please note that this analysis represents my perspective and is not professional financial advice. I am not a financial advisor. Each individual needs to do their research and consider all risks before making any investment decisions. Markets can be unpredictable, so informed and cautious trading is always recommended
📊#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👀
🤜If you like my analysis, please like 💖and share it💬
💕 Follow me so you don't miss out on any signals and analyze 💯
Filecoin (FIL): A Potential Buy Opportunity in the Spot Market
Filecoin (FIL) is a decentralized storage network that allows users to store and retrieve data on a global network of computers. FIL has been trading below $9.8 for 658 days. However, the recent price action suggests a potential breakout.
Technical Analysis
The daily chart of FIL shows that the price has been consolidating between $8.5 and $9.8 for the past few months. However, the recent price action suggests that the bulls are in control. The price has broken above the resistance level at $9.8 and is now trading above the 200-day moving average. This is a bullish sign that suggests that the price could continue to rise in the short term.
Two Stop-Loss Strategies
Two stop-loss strategies can be used to protect your profits if the price of FIL reverses. The first strategy is to place a stop-loss order below the support level at $8.5. This will ensure that you do not lose more than 15% of your investment. The second strategy is to place a stop-loss order below the 200-day moving average. This will ensure that you do not lose more than 25% of your investment.
RSI Indicator
The RSI indicator is a technical indicator that measures the momentum of a price movement. The RSI indicator for FIL is currently at 75. This indicates that the price is overbought and could be due for a correction. However, the RSI indicator is not a perfect indicator and should not be used as the sole basis for making investment decisions.
First Target
The first target for FIL is between $17 and $25. This is a significant resistance level that could prevent the price from rising further. However, if the price breaks above this level, it could continue to rise to the next resistance level at $35.
Conclusion
FIL is a potential buy opportunity in the spot market. The recent price action suggests that the bulls are in control and that the price could continue to rise in the short term. However, investors should be aware of the risks involved and should use stop-loss orders to protect their profits.
Possible playout for Filecoin !FIL / USDT
breakout retest on high time frames
If BTC continues its bull trend ..this will have a high chance to push hard
The most important resistance levels are marked in my chat
Keep an eye on it
filecoin going uppppfilecoin didn't flinch much last 2 days
above 8.22 we go 37%up
dyor
resistance fliipinng intoo supporrttt
FIL IDEA Filcoin has the potential to either break through the major resistance represented by the horizontal red line and reach a new yearly high, or experience a significant dump. The outcome remains uncertain.
[FILUSDT] - unstoppable bullish for weekly chart🔥Breakout and successfull retest was confirmed for:
the major downtrend in weekly chart.
50 ema
0.618 fib level.
20$ is our target for midterm🎯
Don't forget to support us with your like, comment and follow for more updates 🎯
FILUSDT_1D📊🚀FILUSDT digital currency analysis The analysis is based on Elliott waves and in the daily time frame By completing the 5 downward Elliot waves and also considering the breaking of the upward trend line, the market can continue to rise by maintaining the support of the 6.666 range and move towards the number 66.666
Where does it go?(FILUSDT W)BINANCE:FILUSDT The expected target is visible on the chart. If a second target is provided, it is likely to be achieved.
✴️ Can Filecoin Hit $96? That Would Be 900%+ Or 10XIndeed... We have the highest volume ever on this weekly chart for FILUSDT.
We can compare the action of the Altcoins that moved first in order to determine how far up the pairs that are yet to move, will go.
For example, Bitcoin hit as high as back in April/November 2021. Solana did the same.
Other pairs such as FetchAI hit new All-Time Highs already but this will happen for other pairs after the correction because FETUSDT is already in its second major wave; it moved ahead.
We already used this method successfully and in fact, we have been using it for years to know where the market is headed as a whole. So I am revealing a very valuable secret with you, "What one does, the rest follows!"
With this we know that Filecoin can move to hit $96 if it produces a strong bullish wave. In the worst case scenario it can go to $70-$77 but that would still be awesome, or great.
👉 We are talking about 900%+ or 10X.
If you knew Filecoin was going to grow by 10X in the coming months, how would you use this information to profit the most?
They are all moving as predicted... Hundreds and hundreds of charts.
Thanks a lot for your support.
Namaste.
FIL Filecoin gonna rip some faces?
Absolute bad ass set up. 0.236 already triggered.
0.382 with trendline is the next immediate target.
But the real question is:
8.236 or 16.236?
Hold my beer pls
----
No financial advice, do your own research, don't be stupid
FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis
Description
---------------------------------------------------------------
+ As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level.
+ This unmistakably signals the imminent bullish phase for FIL.
+ I intend to enter a LONG trade at the current price, allocating 0.2% of the capital. The profit potential appears substantial from my analysis.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price:
Stop Loss:
------------------------------
Target 1: 9.16
Target 2: 9.8
Target 3: 11.11
Target 4: 13.52
Target 5: 16.24
Target 6: 20.34
Target 7: 28.22
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Risky one for #FILentering in this risky setup on Filecoin, lot of good FA along with chart looking great on monthly TF
risky cause of extremely wide stop loss, there are apparently few airdrops coming as well possibly
FILUSDT#FILUSDT weekly
The file in the weekly time frame is in the resistance box range. If we consider it almost like a cup pattern, it will grow well after breaking the specified range.
Filecoin: Biggest Shitcoin In History, Will Never Pump Again!FILECOIN:
A COIN OF FRAUDSTERS, HUCKSTERS & RACKETEERS!
Everything is PUMPING MASSIVELY while this FRAUD coin is still down 97% from its
all-time-high.
The Filecoin Foundation keeps dumping, preventing the coin from breaking out like everything else. If you "invested" in Filecoin expect to be used and taken advantage of by the Filecoin Foundation & Filecoin shillers like Arthur Hayes!
FIL is coming back? It depends on the specific expectationsPlease feel free to comment. Thank you. Of course, this is not investment advice :)
Bullish Reversal-Harmonic Pattern on Filecoin DetectedLocal Low, and what appears to be: A Confirmation-Low on the Hourly Chart for Filecoin. FILUSDT has a Bullish Harmonic Reversal Pattern, with a 1.618 Golden Ratio Extension expected, Between point A and point C, of the XABCD Pattern, using them as the top and bottom of the fib extension tool, with its Target being clearly identified in the live chart diagram. Allso showing Bullish-Divergence on my RSI Indicator., as indicated by the auto-drawn bullish-divergence-green line(pictured in chart).
FIL/USDT Gearing Up for a Potential Breakthrough at Supply Level💎 Paradisers, focus on #FILUSDT as it's charting an exciting course, now nearing a critical supply level that may signal a market turning point.
💎 Observing #Filecoin's trajectory, it's been navigating a descending channel but has recently made a notable leap above, now eyeing the supply mark at $5.603. Should the price maintain its current energy and push past this level, we're potentially looking at a strong bullish surge towards a higher supply zone.
💎 On the flip side, should #FIL falter and lose steam, a bullish recovery from the support level at $4.773 might be in the cards, with a drop below this point potentially leading to a significant bearish trend.
