FILUSDT trade ideas
$FIL: Storage...AI...storage...AI. Need I say more?Filecoin has been been moving like a grandpa in regard to all of the coins that have already gone up multiples this cycle. Fear not.
"Don't let yourself become discouraged by the fact that your securities are moving slowly. Good securities in time appreciate sufficiently to make it well worthwhile to have patience, especially in bull market like the present one." - Jesse Livermore
#FIL/USDT Ready to take off upwards#FIL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 5.20
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 5.50
First target 5.55
Second target 5.99
Third target 6.20
FIL with a possible (+200%)FIL is looking strong in the higher timeframes, it is above the anchored vwap since jun 2021 and above the value area high for more than two years of consolidation, moneyflow increasing and huge momentum favoring a reach between $18 to $24. The target is in confluency with monthly level, fibonacci levels and value area high and point of control from 2022 highs.
Fil coin (FIL) 22.11.2024Fil coin did a nice upward movement, and now we are monitoring close the price action movement.
There is a chance of further 22% market movement to upper zones only if we manage to secure the current resistance zone, so keep an eye on it!
If we fail to maintain this zone, we will see a smaller correction to lower zones!!
Swallow Team
FIL / USDT: Primed for a breakout above trendline resistance FIL/USDT: Primed for a Breakout Above Trendline Resistance
FIL/USDT is setting the stage for a significant move 📈 as it approaches a key trendline resistance zone 📊. The price has been consolidating in a tight range, building momentum for a potential breakout 💥. If the breakout confirms, a bullish rally may unfold 🚀. Keep this pair on your radar and wait for confirmation before taking action.
Key Insights:
1. Trendline Resistance: FIL/USDT is nearing a well-established trendline that has acted as a barrier in the past. A breakout above this level could trigger strong bullish momentum.
2. Volume Surge: A noticeable increase in trading volume during the breakout will confirm buyer dominance 🔥.
3. Bullish Signals: Indicators like RSI and MACD are trending positively ⚡, suggesting growing bullish pressure.
Steps to Confirm the Breakout:
Look for a solid 4H or daily candle close above the trendline 📍.
A spike in volume during the breakout will indicate strong buying activity 📊.
A retest of the broken resistance as a new support zone will add reliability to the move ✅.
Watch out for fake breakouts, such as sudden reversals or long wicks above the trendline ⚠️.
Risk Management Strategies:
Use stop-loss orders to protect your capital 🔒.
Adjust position sizing to align with your risk tolerance and overall strategy 🎯.
This analysis is intended for educational purposes only and is not financial advice. Always conduct your own research (DYOR) 🔍 before making investment decisions.
Filecoin FIL price when will growthThe “dinosaur” of the CRYPTOCAP:FIL crypto market that hasn't fired yet this season. We hope that #Filecoin was left to savor its growth in season 2!)
1️⃣ And now the price of OKX:FILUSDT should reach at least $10-12
2️⃣ Then correction
3️⃣ And on the 1001st day of consolidation, start a powerful growth from $5 to at least $25-40, and better to $200+
What do you think?)
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Under SupervisionHello friends
This good currency, which has good news on the way, is one of the best in its field.
Now, being in a long-term channel, it has started a significant movement from the bottom of the channel, which we have to see if it can succeed in breaking it.
We have identified its targets for you.
Don't forget capital management, friends.
Be successful and profitable.
FIL/USDT crafting a beautiful CUP&handle This baby is gonna rocketship as we broke critical areas toward 12$ and 26$ next.
With a cup target of around 8.5$.
Structurally this coin on the 4H is very similar to ADA but hasnt seen that explosive breakout yet. The chart is a literal 1:1 replica of ADA before the breakout.
It's coming...
FILUSDT - trying to breakout the major trendlinesuccessfull breakout for the falling wedge pattern ✅
now trying to breakout the massive trendline since more than 3years on the weekly chart
a successfull breakout will send it to 28$
fil didn't move yet ,, pay ur attention here👀
Best regards Ceciliones🎯
Trading Idea: FIL/USDT on 2H TimeframeElliott Wave Analysis:
On the 2H timeframe, Wave 4 has completed, as indicated by a retracement to a demand zone, respecting typical Elliott Wave guidelines (commonly a 38.2%-50% retracement of Wave 3).
Wave 5 is now expected to push prices higher, completing the impulsive structure of Wave (3).
The projected targets for Wave 5 align with Fibonacci extensions and prior resistance levels.
Trade Plan:
Entry:
Enter long at the current price level (~5.70), as the market begins its Wave 5 rally.
Confirmation of Wave 5 could include a breakout above the local high (~6.13), signaling bullish momentum.
Stop Loss:
Place a stop loss below the low of Wave 4 (~5.15), as a break below this level invalidates the wave count.
Targets:
First Target (T1): 6.60 — Completion of Wave 5 based on Fibonacci extensions of Wave (3).
Second Target (T2): 7.38 — A higher extension level if Wave 5 extends further.
RRR is approximately 3:1, providing a strong risk-reward profile.
Invalidation:
If the price breaks below the Wave 4 low (~5.15), the Elliott Wave count may be invalid, signaling a potential reversal or deeper correction. then we cancel the trade
Trade Management Note:
As Wave 5 progresses, partial profit-taking at key levels (e.g., 6.60) is recommended while trailing the stop loss to lock in gains.
Remember!
"Successful trading is about planning your trade and trading your plan. Stick to the strategy, trust the analysis, and let the probabilities work in your favor. Consistency and discipline pave the way to trading success."
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Disclaimer:
This trading idea is for educational purposes only and does not constitute financial advice. Always perform your own analysis and consult with a licensed financial advisor before trading. Trading involves significant risk, and you may lose more than your initial investment.