FIL ANALYSIS🔮 #FIL Analysis 💰💰
🌟🚀 As we can see that #FIL is trading in a symmetrical triangle and given a perfect breakout and already retest the levels. But there is an instant resistance of descending trendine. If #FIL breaks the descending trendline then we will see a good bullish move in few days . 🚀🚀
🔖 Current Price: $6.154
⏳ Target Price: $10.00
#FIL #Cryptocurrency #DYOR
FILUST trade ideas
#FIL/USDT ANALYSIS Following a robust period of consolidation w#FIL/USDT ANALYSIS
Following a robust period of consolidation within a symmetrical triangle, FIL has broken out with substantial volume and has successfully retested above the triangle.
Additionally, the Ichimoku Cloud is signaling bullish momentum. As a result, we can anticipate potential significant gains in the near future.
FIL looks bullishThe price compression is seen on the support.
The trigger line is formed.
By maintaining the demands, it can move towards the targets.
The targets are clear on the picture.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Alikze »» FIL | Big C or 3 wave scenarioIn the daily and weekly time, it is moving in an upward channel, which according to the previous analysis , the last wave had the ability to grow to around 100% of the previous wave, after which it faced correction, which was correctly mentioned in the updates of the previous post. And extended to the specified area of correction.
💎 First scenario: Therefore, if this last correction, which is extended in the form of three waves up to the green box range, is completed and its structure does not constitute a complex combination correction, we can expect a sharp super cycle of wave C or 3 from it. In the first step, it will conquer the ceiling of the previous major and after that it can touch the specified supply area.
💎 Alternative scenario: If the green box range is broken, this correction can extend further to the $4 range and then to $3.125, in which case it should be updated again.
If the behavior and structure of the post changes, it will be updated.
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FIL/USDT Potential ReversalFIL/USDT shows potential reversal from long-term downtrend. Price has broken out of resistance at 5.481 and is currently retesting this level as support. If it holds above 5.481, next upside targets are 6.191, 8.242, and 11.561. However, if it fails, it will likely retest support at 4.923 and 4.532. Increased volume during breakout indicates strong buying interest. Technical indicators like MA and RSI also support bullish momentum.
DYOR. Not Financial Advice!
Filecoin (FILUSD): Preparing for a Gap Fill - Levels to WatchFor Filecoin (FILUSD), we are currently looking at a scenario where there is a Weekly Fair Value Gap above us. We are quite confident that this gap will be filled; the only question is when. We believe there is a potential good entry point at the current levels.
Below us, we have several supports. The first support is a 12-hour demand zone. Additionally, we have an Order Block Cluster and a simple support zone. These levels, combined with a favorable volume profile, should provide enough momentum and support for an upward move.
Our primary target is the Weekly Fair Value Gap close. Once this target is reached, we will reassess the situation to determine whether the price will continue upwards or face a sell-off. This reaction will guide our next positioning. For now, our strategy is to aim for the gap close and position ourselves accordingly.
Additionally, when we examine the Liquidation Heatmap for Filecoin, we notice several liquidations above our current level, specifically between $6.35 and $6.65, just above the recent high. This indicates two possible scenarios:
Liquidations Triggered and Pullback: We might move up to trigger these liquidations, then experience a deeper pullback.
Liquidations Triggered and Continuation Upwards: Alternatively, we might fill our current support levels and then move upwards towards these liquidations.
If these liquidations are absorbed, we could either shoot through and continue upwards, or we might pull back after triggering them, leading to a potential continuation to the downside.
It's important to be aware of these scenarios. Given that there are few liquidations below the current level, we do not expect significant downward wicks or deep pullbacks.
Looking at Filecoin on the VWAP chart, we observe a sideways movement where the price repeatedly moves up and down but always returns between the 2024 Q1 VAL and the 2023 Q4 VAH. These two levels appear to be holding as our current range.
We expect a small pullback, supported by the 2024 Q2 VAL and the 2023 Q4 VAH. These should act as our support zones on the VWAP chart. On the upside, our target is the 2024 Q1 VWAP at $7.70. Above this level, we anticipate resistance around $9.32.
This analysis suggests a short-term strategy of buying at the support levels and targeting the identified resistance points.
📈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.
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✅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
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