FILUSDT trade ideas
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS.
While most other DePIN projects have pumped, Filecoin has failed to do so.
It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance.
It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction.
If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!).
Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000.
I expect another 80% dump for Filecoin!
FILUSDTAnalysis of FILUSDT time form 4 hours
The current price of FileCoin is $5.39. According to the long-term downward trend line drawn in yellow, if this trend line breaks from the ceiling, targets 1, 2 and even 3 can be easily achieved. But if our 38 Fibonacci area Which is right in the most part of the market where the volume is lost, we have the possibility of correction up to the price of 4.43 dollars. The important supports that we should pay attention to are the prices of 4.87 dollars and 4.43 dollars, and the most important of them is 4.03 dollars.
Technical analyst: Amir Hassan Salek
#FILUSDT
FILUSDT ( UPDATE ) buy again ??Traders ๐๐ป
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Please see the previous analysis of this currency that I signaled from the floor๐ช๐ผ๐ค๐ผ
Considering the powerful momentum of the upward movement and considering that the RSI in the weekly time is not even close to the overbought area, we can expect a small correction of this currency and after that the upward movement will continue until the specified price.
Considering the volume of purchases and positive news about this currency, it will have a very good growth potential.
Good luck๐ค
WARNING: Imminent Filecoin CRASH! $0.10 is nextWARNING: Imminent Filecoin CRASH! $0.10 is next
One of the WORST charts in the entire history of cryptocurrencies and assets in general. This SHITCOIN was $230 and is currently trading below $5.51 and has extreme trouble overcoming a MINOR resistance while the shittiest of shitcoins have seen 1000% rise in the past week alone. Filecoin being such extremely weak in an extremely bullish market is a HUGE WARNING SIGN. I am sorry, but if you bought this coin above $15, you will never even break-even, let alone make a profit. Even if bitcoin goes to $1,000,000, I highly doubt filecoin will be over $15.
Big SHITCOIN. Avoid!!
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
Filecoin is a Shitcoin and Will Drop MassivelyIs Filecoin a scam shitcoin?
Showing massive weakness while the rest of the market is going berserk.
Reason:
When during a massive, market-wide bull market everything pumps massively but your asset in the same category does not, it means you're holding a garbage asset that will continue to underperform for the duration of the bull cycle.
Many coins in the same category as filecoin, such as helium and pocket network, have done 400% - 1000% in recent weeks, while filecoin is struggeling with an age-old resistance. If filecoin does not break out within the next 24 hours, you can rest assured it will be the shittiest coin to hold for the next year!
fil greparing for solid recovery seems like consolidation is almost over and fil finally preparing for massive breakout
On Verge Of Massive Breakout Formed Text Book Symmetrical Triangle & Testing It In case Of Successful Breakout Expecting Move Towards 20 to 25$ in midterm
keep eyes on fil for confirmed breakout
FIL/USDT | 1d ๐1. Filecoin displays signs of a potential reversal in trend, prompting investors to explore buying opportunities within the accumulation zone.
2. Anticipate a robust bullish rally in the mid-term, with the volume indicating a favorable momentum build-up.
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Stay updated on market news and developments that may influence the price of Filecoin. Positive or negative news can significantly impact the cryptocurrency's value.
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Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility.
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Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking.
#Crypto #Filecoin #Trading #FIL
FIL ANALYSIS๐ข #FIL Analysis : Waiting for Breakout ๐ฐ๐ฐ
๐๐As we can see that #FIL is trading in a DescendingTrianglePattern. If #FIL breakout with good volume then we can see a big bullish move ๐๐
๐ Current Price: $5.488
โณ๏ธ Target Price: $11.000
โ๏ธ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.๐๐ธ
๐ทRemember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#FILAnalysis #Cryptocurrency #WaitingforBreakout #DYOR
FilUsdtWe are in an era where gaming and artificial intelligence projects will have the ability to move well in the opposite bullran
Many people are looking for these projects, but in fact, when gold discovery is fashionable, those who sell shovels and picks make more profit.
These projects need space, and for this, you should pay attention to projects like FileCoin.
Projects that can grow with the growth of each of these technology branches
Of course, note that this currency may be difficult to reach the previous ceilings due to high inflation
But it still has a good place for profit
Good luck
EntryPoint:
5.467
5.348
5.058
Supports:
4.752
4.465
4.090
3.654
3.166
Resistance:
6.285
Targets:
7.910
10.610
15.370
18.692
24.668
MidTime:
41.600
60.348
97.067
HODL:
163.972
237.095
GOAL
383.845
Filecoin Double Top: $0.50 nextFilecoin has proved itself to be a shitcoin. Every DePIN coin has pumped massively, but Filecoin has been left behind. This is a very bad sign. The daily chart shows a double top pattern. I think Filecoin will drop 90% and go below $1 soon. It's quite sad because some people bought this coin for $200 or higher. They basically lost 100% of their investment with no chance of recouping even 5% of it.
FILUSDT Bullish Divergence and falling wedgeFILUSDT is forming a falling wedge pattern and looks set to breakout to the upside.
It has formed bullish divergence on the RSI.
It is also retesting its previous support levels.
Whether you trade the old sideways S/R levels or the falling wedge, in both cases, your target price is exactly the same.