FILUSDT: Possible Long (02.11.2020)The price has formed a downward corrective channel. The RSI is at the oversold level, signalling the possible completion of the decline soon.
We believe that the price will test the 76.4% Fibonacci support level and also decline to the trend support line.
We recommend buying from key support levels.
FIL
✳️Filecoin/USDT (1/11) #FIL $FIL #FILUSDTFIL is accumulating after breaking out of the Falling Wedge pattern and if it does not lose the 30-31$ zone it will rise to the 40$ and even 45$ zone in the next few days. But if it falls out of the 30$ zone it will fall to the 23$ zone
📈BUY- LONG Strategy
- Buy: 30-31$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 39-40$. Stoploss if A
- Sell: 44-45$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 30-31$. Stoploss if A
- Buy: 22.5-23.5$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
FILUSDTFILUSDT brokedown below the uptrend support.
The market is printing a descending triangle pattern.
Breakdown below the triangle support could be a bearish signal ⬇️.
RSI printed a bearish divergence signal.
Breakdown below the RSI rectangular pattern support could be a bearish confirmation 🔽.
$FIL IBUSTER - Mission StartOn your feet, soldier. It's time to short $FILUSDTPERP.
FIL = Flimsycoin
USDT = United States Dollar Tether
PERP = Perpetually
To note:
www.binance.com
OBV (admittedly not the most accurate) shows that it may be possible all the Filecoin bought for staking has already been taken.
☢️Filecoin/USDT (26/10) #FIL $FIL #FILUSDTAfter breaking out of the resistance zone at 30-32$, this area is now quite reliable support for FIL. We can buy as close to this zone as possible for the target of 45$ or higher, but there is certainly a strong selling force at 45$ that we need to be wary of.
Stoploss below 29$ or short to 25-26$
FIL 4h. We want to buy in the range 0.00146-0.00182.Filecoin is a project to create a decentralized storage platform with embedded cryptocurrency (Filecoin, FIL).
Since 2014, it is implemented by the California blockchain startup Protocol Labs, a developer of IPFS systems. The idea of the project is to give one computer user the opportunity to earn FIL for using the surplus capacity of their hard drives for decentralized data storage.
In 2017, at the FIL token presale, the project attracted $52 million from investors, and then at the SAFT crowdsale - another $205.8 million from accredited investors.
In 2017, Filecoin set a record for funds raised among ICO projects.
As we know, many scam projects were created during the 2017 ICO boom, but Filecoin is working and developing in step with the trend. A crypto-dinosaur who survived and wants to support Defi, because the decentralization ideology has been in the project since 2014. And it means a lot !
Filecoin week of events starts today.
Among which are the launch of Mainnet, Defi-bridge and Defi-storage.
On the eve of this news, and even more after the information that the top crypto-exchanges will list FIL, token made from x10 to x20 per hour , depending on the exchange. However, now such enthusiasm or speculation on price has disappeared.
The current trading price is x2 from the last month, which is also not bad.
Another factor in reducing the excitemen t around the token (although we cannot say in terms of volume) is the strike of the Miners, through the "unfair" economic model of rewards.
Even such processes have come to crypto market.
We try to analyze the possible future movement of the token price.
The FIL value needs to find an adequate market price at which investors will be ready to buy.
While developers and miners are quarreling among themselves, then for speculators it is the ideal time to push the price down.
Let us assume that the price in the zone 0.00146-0.00182 will be very tasty for purchases in long!
_______________________
Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
FIL 4h. We want to buy in the range $14.50-18.2Filecoin is a project to create a decentralized storage platform with embedded cryptocurrency (Filecoin, FIL).
Since 2014, it is implemented by the California blockchain startup Protocol Labs, a developer of IPFS systems. The idea of the project is to give one computer user the opportunity to earn FIL for using the surplus capacity of their hard drives for decentralized data storage.
In 2017, at the FIL token presale, the project attracted $52 million from investors, and then at the SAFT crowdsale - another $205.8 million from accredited investors.
In 2017, Filecoin set a record for funds raised among ICO projects.
As we know, many scam projects were created during the 2017 ICO boom, but Filecoin is working and developing in step with the trend. A crypto-dinosaur who survived and wants to support Defi, because the decentralization ideology has been in the project since 2014. And it means a lot !
Filecoin week of events starts today.
Among which are the launch of Mainnet, Defi-bridge and Defi-storage.
On the eve of this news, and even more after the information that the top crypto-exchanges will list FIL, token made from x10 to x20 per hour , depending on the exchange. However, now such enthusiasm or speculation on price has disappeared.
The current trading price is x2 from the last month, which is also not bad.
Another factor in reducing the excitemen t around the token (although we cannot say in terms of volume) is the strike of the Miners, through the "unfair" economic model of rewards.
Even such processes have come to crypto market.
We try to analyze the possible future movement of the token price.
The FIL value needs to find an adequate market price at which investors will be ready to buy.
While developers and miners are quarreling among themselves, then for speculators it is the ideal time to push the price down.
Let us assume that the price in the zone $14.50-18.2 will be very tasty for purchases in long!
_______________________
Each " like under the idea" boosts the level of our happiness by 0.05% . If we help you to be calmer and richer - help us to be happier :)
FIL/BTC (Bear Breakdown?)💎Technical Analysis Summary💎
BINANCE: FILBTC
-FIL broke its key level of support around 34000s sat
-This is a clear Bearish downtrend confirmation
-If FIL unable to get above the key support level again
-The downside potential targets are 28000-24000s sat area
-Using reverse Fib extension, we will have a support guide below
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