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FIL

Filecoin bullish outlook Suggestion to go long on Filecoin/FIL Fundamental: ------------- Filecoin addresses the boom sector NFT with its project NFT.Storage. With NFTs based on a decentralized network such as Ethereum, the NFTs themselves are stored in a decentralized network. But the underlying data of the NFT is often located on central servers. With the help of NFT.Storage this problem should be solved. The metadata of an NFT can be stored securely and decentrally on the Filecoin network with NFT.Storage. This is intended to make data relating to individual NFTs just as transferable as the NFT itself. This could play a relevant role in the future, particularly with NFT license rights or other conditions. NFT.Storage füllt eine Lücke für NFT-Entwickler, die nach einer “Best-Practice-Methode” suchen, um ihre NFT-Daten sicher zu speichern. Die NFT-Speicherlösung von Filecoin nimmt somit eine Vorreiterrolle im Krypto-Space ein. Einige Projekte wie Palm, VideoCoin und mehrere NFT-Marktplätze setzen bereits auf das Filecoin-Netzwerk, um wichtige Daten abzuspeichern. NFT.Storage therefore fills a void for NFT developers looking for a “best practice” method to securely store their NFT data. The NFT storage solution from Filecoin is thus playing a pioneering role in the crypto space. Some projects such as Palm, VideoCoin and several NFT marketplaces already rely on the Filecoin network to store important data. Price Action: ------------- Not too spectacular as price movement mostly follows BTC and the fundamental analysis out-weighs the technical anyway. I wouldn't care too much about PA in this case. So just for completeness. Three pushes down from 6th September for a stop hunt, double bottom and at the time of writing, price is somewhat caught in a range that first built around 18th March. There is a lot of older resistance levels to pass through still, but eventually I'm expecting a strong breakout of the orange triangle.
FLong
by ranxero46
Is FIL going to breakout soon? Here's a quick look at FIL 1 hr chart. As we can see, the price has been going sideways and has printed a symmetrical triangle. Definitely one to keep an eye on. The best entry would be, when the price breaks above the symmetrical triangle with good amount of volume . ------------------------------------------- The idea is: Buy the breakout from the symmetrical triangle and take profits at the levels shown in the chart. Targets: - Profits can be taken in the resistance zone . 1. 88$ 2. 96$ 3. 101$ 4. 109$ ------------------------------------------- If you like the content, then make sure to comment and like the post :D Follow me for daily profitable trading setups BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Long
by MBM_Crypto
5
FIL 1D There is still some room for upward price movementThe goal from the previous idea for the pair FILUSDT worked out completely and even more. Who read and listened to our thoughts, could fix at least x2.5 profit within 2 months, or even more for this position). Today we decided to update the idea of FILUSDT, as there can still be an interesting upward movement. If in the next 1-2 days, the buyers will keep the FIL price in a narrow range of $110-120 , there will be a very big chance to make a strong impulse upward movement of the Filecoin price. The zone, where it would be better to completely cover the FILUSD longs and look around, is around $130-160 . And you should pay special attention to the behavior of FIL price near $130 and $160 levels. And then we can expect the FILUSDT price correction to the liquid zone from below, which is in the range of $60-70 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
44
FIL - 1D. Tasty buy at $35 - tasty sell at $100A powerful explosion of liquidity in February 21 at the price mark of $35-40 began a new era in the FIL market. Just one month of confidence, optimism and aggressive growth gave Filcoin investors 400-500% profit. However, in almost the same time period, the FILUSDT price plummeted and is again approaching the powerful level of $35-40. How many investors have managed to fix profits at historic highs is a rhetorical question. However, in reality, an interesting question - is it worth expecting at least local optimism in the FIL market over the next 2-3 months? As we can see on the chart, the FIL began its decline on April 1, right after the establishment of an all-time high at $238 . A month of price consolidation in the range of historical highs , low volumes and weak buyers gave sellers confidence to continue the downward trend. The first critical point that sellers took control of was the mark of $130 . Having broken this mark on May 13, stop orders of all buyers who bought in consolidation during the April May period were triggered. This fact helped sellers to lower the FILUSDT price by 55% over the week. The first stop of the FIL price after a total fall took place at $55 . However, the decline began to slow down earlier - from the mark of $97 . A fall wave of the type of May 13 does not stop at one point with a sharp reversal in the other direction. Such a powerful train of death must be stopped gradually. Even the mark of $55, which buyers guarded pretty tightly during May-June 2021, could not resist. On June 21, sellers renewed their locallow and the trend shows that this is not the end. The aggressiveness of the falling trend has dropped significantly, local lows are updated more difficult each time. However, the continuation of the fall to the level of $35-40 is a very real and natural scenario. There are also advantages of the current situation on the FIL market . First, the slowdown in the fall in the FIL price occurs at high volumes. This fact indicates the interest of large buyers to keep the price. Also, the transition of the downward trend to consolidation indicates that the market is preparing at least for an upward correction. The first target of the local price rebound upwards is the mark of $97. Imagining how many investors are stuck in unprofitable positions and are waiting for at least the first strong level, we do not think that the first time buyers will be able to take control of the mark of $97. However, a 160% increase in the face of a likely change in trend in the cryptocurrency market is a remarkable result. The high probability of testing the $ 35 mark is also confirmed by the FILBTC chart: On the chart, we can see that the price is moving in a clear downward channel, which is correcting the upward wave. If the cryptocurrency market continues to fall, the FILBTC price may well fall another 35%. However, even this fact will not reverse the global growth trend that began on the FILBTC market in January 2021. ______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
31
FIL / BTC - Update on Proposed Path - CupsUpdate on previous idea, still believe we are forming a cup. That cup went a bit lower than expected and is getting dragged out further. Sometime towards the end of the year or early next year, I believe we'll either form a double top or break our high from April 1st. On the way there, we may form two inverted HS - a smaller one stopping at 0.00179 -> 0.00144, then to 0.0023 and eventually 0.0025. The larger one stopping at 0.0025 -> 0.00179 and then to 0.00289 or 29. Proposed paths don't always work out, but when they do they can be great to formulate a trading plan. Let's see if this one works out, and we'll continue to adjust to any major changes.
Long
by dudebruhwhoa