FILUSDT trade ideas
FIL Bullish Opportunity !?On the day chart has a potental head and shoulder pattern
And we need to find a good time to set up our position
On 4 hour chart there is a apotential double bottom
If it break out (4.742) and stand firm
SL at 4.172
We can get more 5% profit than waiting for H&S pattern complete
and we can set TP 1(5.00)
Back to day chart
If 1(5.00) be breakout and TP as below
TP1:5.626
TP2:5.879
TP3:6.421
TP4:7.300
Watch $3.52 Support and Positive MACD SignalIn the short term, if the overall selling pressure in the market intensifies, and Bitcoin's price decreases towards lower support levels, it's crucial to keep an eye on FIL's significant support level at $3.52. This support level is expected to trigger a more pronounced reaction from investors, potentially leading to a shift in FIL's price trend.
Additionally, the MACD indicator at the daily timeframe currently stands at 0.079, indicating a relatively positive outlook for FIL.
bullish pattern on Filecoin!!!Fil seems to form an inverse H&S pattern that defines a bullish pattern, if you look most of Alts chart, you can almost see same pattern on them.
since BTC is moving in range so it is a good opportunity to other coins to rally soon. some of them did well lately.
so soon or later we can expect for rest of them to follow up the bullish market.
now if we look indicators we can see price is ranging between daily 50MA and 200MA and if closed above the 200MA confirms bull trend.
also MACD is in good shape. the histogram is neutral but MACD line is moving in positive side.
here is my strategy. the baseline around 3.6$ is my judgement level. moving above the baseline is bullish.
however to confirm this bull trend I expect price close above the key area on chart. if it is we can expect stronger rally.
Enjoy the market
FILUSDT inverse head and shouldersFILUSDT is currently exhibiting a fascinating technical pattern known as an Inverse Head and Shoulders on the daily timeframe
This pattern typically indicates a potential trend reversal from a bearish to a bullish trend and offers promising opportunities for traders.
The Inverse Head and Shoulders pattern consists of three main components: two lower troughs, or "shoulders," flanking a deeper trough, or "head," creating a pattern that resembles the outline of a head and shoulders facing downwards. The pattern suggests that the downtrend might be losing momentum, and a bullish reversal could be on the horizon.
Presently, Filecoin's price has formed the right shoulder and is testing the dynamic daily resistance. This resistance line is formed by connecting the previous highs during the formation of the pattern. The fact that the price is testing this resistance indicates a crucial moment for FILUSDT.
As per Plancton's rules, traders will closely monitor the price action at this dynamic daily resistance. A clear breakout above this resistance level with a decisive and significant increase in trading volume could signal a strong confirmation of the Inverse Head and Shoulders pattern.
In such a scenario, Plancton's rules would dictate taking a new long position on FILUSDT. This means buying Filecoin with the expectation of the price continuing its upward movement. Traders will place a stop-loss order below the right shoulder's low to protect against potential false breakouts or unfavorable market movements.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
fil to 6$FIL
We notice that there is an uptrend
And pumped liquidity into the market after the currency reached very low numbers
There are two scenarios
The first is the rise from the current area to the price of $6
Second scenario
The correction for the support and liquidity area ranged from 3.5 to 4 $
what are you expecting ?
(Sorry my english is not good)
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FILUSDT – BUY opportunity BINANCE:FILUSDT
Hello trader! I am glad to share my idea about this pair.
Just remember to manage your capital while trading. No matter how perfect your trading system is, the way you mange your risk is the key to be a consistent trader. The winning trader is always a consistent trader.
H4: Price is retesting this strong support zone. Wait for entry in H1
H1: Wait for breakout from trend line. Horizontal ray is always stronger than trend
FIL/USDT might be worth to lookHey traders 👋
After that long 4hr candle we have been going for a correctional move to lower zones. From here we are looking more into that support zone to be reaches after what we want to see another re-test of those EMAs. From there we have two way out so keep an eye on the momentum there! Breakout or Breakdown the movement should be sweet!
If we see this kind of struggle more then there is a good chance for a drop to happen!
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Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Filecoin FIl price does not respond to crypto market fluctuationToday, let's take a look at the global chart of FILUSDT
This is the daily time frame, and it shows that the price of FIL has been on a downtrend since April 2021.
Today, the price of the Filecoin token has caught our attention because:
1. the price has approached a strong mirror level around $4.80 and at the same time is close to the trend line.
2. At the time of writing, the FILUSDT price has hardly reacted to the current rise and fall of the BTCUSDT price.
It is difficult to say how much longer the FILUSD price will remain in consolidation yet.
However, we can assume that after the FIL price breaks through the trend line and consolidates above $4.80, the growth to $7.30 can happen very quickly.
Now, the main thing is to watch for when FILUSDT breaks through the trend line and finally breaks out of the downtrend.
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FILECOIN CRYPTO; Unlocking FIL's Potential📈 FREE MT filecoin TRADE SIGNAL AT THE END OF ANALYSIS 📈
📊Chart Analysis: FIL buyers have formed a double bottom pattern on the daily chart, indicating a potential bounce as accumulation continues at this support. According to MT's Pandoras Box 4hrs, the ongoing breakout is supported by a strong bullish candle. However, before the move continues, there will likely be a mini retest around the $4.58 range. It's important to consider that a larger rejection is expected around the $5 to $5.4 range, which could cause a bigger pullback and a retest of the $4.2 range. This presents a better entry opportunity with lower risk. Furthermore, it's worth noting that FIL is currently range-bound on higher timeframes like weekly and monthly, suggesting that a move towards $7 could lead to another retest of the low of the double bottom range, approximately around $3.5. In such a scenario, it is advisable to take some profit off the table if the price reaches that level and starts behaving unpredictably. Breaking the resistance could result in a move toward the $10 range, but there might be some price fluctuations along the way. Although there is a possibility of reaching $11, the probability is estimated at 65%. To manage the downside risk, it is recommended to set a stop loss at the $2.4 range, as a break below that level could lead to further downside. Therefore, while we expect bullish momentum, particularly at the current support level, it is important to remain cautious.
🚨Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
To enter, wait for a pullback to take the trade.
📈 FREE MT filecoin TRADE SIGNAL 📈
(Highly Bull Opportunities )
👉 ASSET: TSX:FIL (FIL/USDT)
👉 ACTION: LONG
👉 1st ENTRY PRICE: $3.91, 2nd Entry ; $4.199, 3rd Entry $4.6(wort entry)
(Buy Incrementally)
👉 STOP LOSS: $2.46(Risky Stop $3.24)
👉 1st TAKE PROFIT: $6.5
2nd TP: $7.4 3rd TP: $9.1(Extended $11.4)
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risk, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.