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FILUST trade ideas

FIL/USDT 500% Potential from here so Which is Good Entry?#FIL/USDT Technical Analysis: Currently, $FIL is trading at $6.10, which is a significant -97.65% down from its all-time high. The cryptocurrency has gone down -99% from its peak but has recovered well in the past three months, rising up to 300%. It is still 122% up from its recent low in December. At present, the market is in an uptrend, but a significant upward rally is expected only after some more retracement. It is possible that the price could drop by another 20% from its current level before an upward trend begins. The best entry point for investors would be at the support level area. For the cryptocurrency $FILUSDT to be fully in bullish mode, it needs to break upward the resistance level at $9. Once this happens, the price could reach the target of $26 in the next bull market. It is possible that the price may go higher, but a minimum target of $26 seems reasonable. Investors should keep an eye on the support level at $4.80 and the resistance levels at $8.95 and $26.10. If you find this analysis helpful, please like and appreciate it. Follow me for more real-time updates on cryptocurrencies. Thank you.
Long
by CryptoPatel
4
Filecoin 1D TFHello dear traders, At the time of charting FIL the price is trading at 6.218, and has broken with strong volume above the rising wedge in the 12HT as seen below. Here are some key fundamentals about FIL: Overall, Filecoin is a promising project with a strong focus on decentralized storage and data security. Its growing adoption and partnerships, along with its recent updates, make it an interesting cryptocurrency to watch in the coming years. Recent Updates: Filecoin recently launched its mainnet in October 2020, and since then, it has made several updates to its protocol to improve its efficiency and security. In February 2023, Filecoin announced the release of its latest update, codenamed "Hydra", which includes improvements to its storage and retrieval markets, as well as Market Cap: As of March 5th, 2023, the market capitalization of FIL is approximately $9.32 billion USD, making it one of the top 20 cryptocurrencies by market cap. Partnerships: Filecoin has formed partnerships with various companies and organizations, including Protocol Labs, the InterPlanetary File System (IPFS), and the Ethereum Foundation, among others. These partnerships are aimed at improving the functionality and accessibility of the Filecoin network. Adoption: Filecoin has seen growing adoption in the decentralized storage space, with a number of startups and businesses using its network for their storage needs. In addition, several decentralized applications (dApps) have been built on top of the Filecoin network, including NFT marketplaces, gaming platforms, and social media platforms. We shall follow up further on FIL as price and time unfolds directions, till then trade well my friends Stay safu and let that sink in.
Long
by Jova-A
1
FILUSDTFILUSDT at 6H follows its triangular accumulation wedge, reaching its narrowest part, that is, it could break at any moment. your wedge. In its favor is the RSI, which is highly bullish, and the MACD bullish. On the 1H chart: RSI: Exhaustion of Buyer Forces Supports: 5,938 / 5,869 Resistances: 6,099 / 6,260 Filecoin is the world's largest decentralized storage network, which allows users to store, request and transmit data through a verifiable marketplace. Filecoin is fully open source. The protocol runs on a reliable system that combines Proof of Space-time (PoSt) and Proof of Replication (PoRep), which provides a solid foundation for storing the world's most valuable datasets, minimizes economic barriers, and allows users to take advantage of your networking capabilities. IPFS, a Web3 file system on this system, allows developers to access data over the network.
by ferulianov
FILUSDTThe daily FILUSDT is currently on the lower edge of the accumulation wedge, with plenty of room to rise, even more so with the RSI indicating extreme exhaustion of selling forces. If it breaks down, it will look for MM200 which will be a powerful support at $5,132 -------------------------------------------------------------------------------------------------------------------- Here are the supports and resistances on the M45 team: Let's start with the support line: 6,002 / 5,846 Now let's move on to the resistance line: 6,188 / 6,335 RSI with exhaustion of selling forces, has plenty of energy for further upward movement. --------------------------------------------------------------------------------------------------------------------- Filecoin is a decentralized platform for data storage. The Filecoin project was launched by technology company Protocol Labs, based in California, in 2014. The main objective of Filecoin is to create an efficient solution for data storage, based on IPFS (InterPlanetary File System) decentralized network protocols. The main idea is that its users install special software that allows you to store data on PC hardware. As a reward, users receive Filecoin.
by ferulianov
FILUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 7 - 9.5 - (~11.5) after first target reached move ur stop to breakeven Stop: ~2.8 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 6 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
8
FIL/USDT waiting for re-test Hey, traders ✌️ FIL/USDT pair is next to watch out for. After Asians market opened, price broke that support zone with aggressive movement and currently going under a correctional movement which can result the breakout from re-test zone. Waiting for more confirmations here and once we good we are going in! If you like ideas provided by our team you can show us your support by liking and commenting. Yours Sincerely, Swallow Team Disclamer: We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Long
by SwallowAcademy
12