#FIL/USDT#FIL
The price is moving in a descending channel on the 12-hour frame and is sticking to it very well and is expected to break it upwards
We have a bounce from a major support area in green at 3.46
We have a downtrend on the RSI indicator that was broken upwards which supports the rise
We have a trend to stabilize above the 100 moving average which supports the rise
Entry price 3.50
First target 372
Second target 3.83
Third target 4.00
FILBTC
#FIL/USDT#FIL
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 4.00
We have a trend to stabilize above the moving average 100
Entry price 4.15
First target 4.32
Second target 4.46
Third target 4.64
Filecoin / FIL & FVMFilecoin rose sharply on Friday but why? The jump fueled social media excitement about the blockchain’s March 1 launch of its Filecoin Virtual Machine aka FVM, a software platform that will introduce smart contracts and enable developers to design decentralized applications on the Filecoin network.the coin’s price jumped from $5.4 at 10:00 UTC to a high of $8 at around 5 22:00 UTC.
Filecoin announced that it will launch smart contracts in Mar'23, making it a fully-fledged L1. FIL rose by 23% in 24 hours. There are currently 3,785 active miners on the Filecoin network, storing 18.767 EiB of information, and staking 134,023,969 FIL.
The price of FIL is $9.19 today with a 24hour trading volume of 1.2 billion dollar. This represents a 22% price increase in the last 24 hours and a 80% price increase in the past 7 days
FIL saw an increase in open interest rate, denoting increased demand and bullish sentiment in the futures market.
next targets for Fil are 9.5 and 9.9$ and stop loss at 8$
#FIL/USDT#FIL
The price of our channel is moving downward on a 12-hour frame, and it has been breached to the upside and is rising from the current levels.
We have a bounce from the lower border of the channel from the support area at 3.50
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 4.10
The first goal is 5.00
Second goal 5.66
Third goal 6.37
Short position on $FIL/$USDT Pair: FILUSDT_SHORT
Date and time: 2024-07-11
Direction: SHORT
.............................................
Total Balance: 2000 $
Margin: 100.0 $
Max Loss on this Position: 50.0 $
Leverage: 6 X
Fee that considered in this PNL Calculation: 0.08%
.............................................
Entry Point: 4.43 $
.............................................
<< STOP LOSS >>
Stop Loss set on this price: 4.784 $
When stop occured you loss (-47.945823928 $).
or you loss (-47.945823928 %) of the position' margin.
.............................................
<< TARGETS >>
We have 6 targets in the position.
Target Point(1): 4.163333333 $.
Percent of profit at the 1th target is: 36.11738149 %.
At the 1th target your gian is: 6.019563582 $.
Target Point(2): 3.896666667 $.
Percent of profit at the 2th target is: 72.23476298 %.
At the 2th target your gian is: 12.039127163 $.
Target Point(3): 3.63 $.
Percent of profit at the 3th target is: 108.35214447 %.
At the 3th target your gian is: 18.058690745 $.
Target Point(4): 3.363333333 $.
Percent of profit at the 4th target is: 144.469525959 %.
At the 4th target your gian is: 24.078254327 $.
Target Point(5): 3.096666667 $.
Percent of profit at the 5th target is: 180.586907449 %.
At the 5th target your gian is: 30.097817908 $.
Target Point(6): 2.83 $.
Percent of profit at the 6th target is: 216.704288939 %.
At the 6th target your gian is: 36.11738149 $.
Total gian is: 126.410835215 $.
Total gian percent of the position's margin: 126.410835215 %.
.............................................
<< Position Managment >>
Close 16.667% of the margin when reach TP1.
Close 16.667% of the margin when reach TP2 and move SL to EP.
Close 16.667% of the margin when reach TP3 and move SL to TP1.
Close 16.667% of the margin when reach TP4 and move SL to TP2.
Close 16.667% of the margin when reach TP5 and move SL to TP3.
Close the remainder margin when reach TP6.
.............................................
<< Risk/Reward Ratio >>
Total R3: 2.63653484
.............................................
<< Result >>
Result:
FIL analysis (1D)It seems that the correction formed for FIL is a symmetrical one, which seems to be wave i, which is the last wave of this pattern, will end in the green range.
In the green range, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
FIL: trade in low cycle📊This price action analysis is from the analysis team of Ahmadarz Academy.
🚦In the four-hour time frame, I found a trading range formed by a bullish reaction with good volume candles from the bottom of this trading range. $5 support and $6.70 resistance
🔛According to this trend, I see the market as bullish, and I even expect it to go above the support ceiling of $6,800. Currently, we consider the risk-to-reward to be 4, which is the ceiling of the current trading range.
💎Entry strategy:
To enter this trade, I tried to find the last trading range in the one-hour time frame and wait for it to break through the ceiling to give me confirmation of the ascent, and in the pullback, I try to check the first candlestick that confirmed my entry. and put a limit position on the same one in the upward direction.
Entry and exit signal:
⬅️Entry: $6,095
🔴Stop Loss: $5,955
🟢Targets: $6.217 - $6.376 - $6.525 - $6.686
⚠️Please note that this analysis is the opinion of the Ahmadarz Group team and is not an investment proposal, so follow the capital management because Ahmadarz Group is not responsible for your profits and losses.
🚀Please boost and💬 comment to share your thoughts with us!
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
Has Fil Coin's upward trend started ?It is observable that we are in an ascending triangle.
In the previous two instances, the price has moved from the support trendline to the resistance trendline.
If this happens again, can we expect a 300% increase in the next 100 days?
What would you like to see happen?
For the first target after breaking the $6.26 range on the daily timeframe, we can consider $8.
I will explain in the next updates how we can proceed.
Please note that the final target is in the range of $20.5 to $22.5.
This chart is just my analysis and I never give financial advice.
You are the decision maker and you should do your own research.
FIL Pump To 24 % ?After a 40-day consolidation period within a box range, a breakout opportunity may be imminent. However, a crucial decision arises:
High-Risk Entry vs. Optimal Entry Point
The $6.37 support level provides a risky entry point, but could also be an optimal entry. Conversely, the $6.72 resistance level could provide a more conservative entry, but the price may have started to rise from $6.37 and we may not be able to make a decent entry in the $6.72 range.
Keep in mind that RSI it is in a range that can cause a strong upward movement
Your Entry Strategy:
The decision of where to enter the trade lies with you, exercising sound capital and risk management principles.
Disclaimer:
This analysis solely reflects my perspective and should not be construed as financial advice. The responsibility for any profits or losses rests solely with the individual trader. I merely identify potential entry points for consideration.
FIL - daily bearish signsFIL, after a substantial drop from its all-time high, showed some recovery. However, it seems to have met a strong resistance zone it couldn't breach. From this vantage point, it looks poised for a potential fall, possibly retracing back below the $5 mark again. This could represent a significant move for those keeping an eye on FIL, suggesting a bearish outlook in the near term.
#FIL/USDT#FIL
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. It expects some correction and then a rise.
After rebounding from a significant decline, it is expected that the downward gap will be filled
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that expects a break higher
Entry price is 6.60
First goal 7.16
Second goal 8.32
Third goal 9.03
#FIL/USDT#FIL
The price is moving in a downward channel on a 4-hour frame, about to break upward
We have a Resin support area at $8
We have a downtrend on the RSI indicator about to occur. Bounce up
We have a higher stability moving average of 100
Entry price 9.14
First goal 10.07
The second goal is 10.70
Third goal 11.56
#FIL/USDT
#FIL
The price is moving in a triangle on the 4-hour frame and we have a green support area at $9
We have a higher stability of 100% moving forward
Now we have a nice breakout coming up
Our RSI indicator has a trend that is about to break to the upside
We are based on the rising trend
Entry price is 9.53
First goal 10.19
Second goal 11.12
For the target of the third 12.02
FIL: wait for break level📊Analysis by AhmadArz:
🔍Entry: 8.617
🛑Stop Loss: 8.432
🎯Take Profit: 8.817-9.030-9.368
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
FIL UPDATE (3D)Where we have placed the green arrow, the large long symmetrical has ended and we have entered a large bullish wave.
Now, in our opinion, we are in the middle of a large bullish pattern.
The green range is a good place to rebuy.
The target is clear on the chart.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Filecoin FIL price will be able to restore its former greatness?Filecoin is "a dinosaur project" in the cryptocurrency market.
And although the project is fundamentally strong and necessary for the development of not only the crypto market, the price of TSX:FIL still cannot get off its knees.
We hope that buyers of #FILUSDT will not allow the price to fall below $5.70-6.
This zone should be considered as a buying zone for medium- and long-term investments.
Of course, if you believe in the prospects of #Filecoin and the possibility of FIL price rising to at least $23
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 9.70
🛑Stop Loss: 9.42
🎯Take Profit: 9.97 - 10.25
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
CAUTION: Arthur Hayes Likes This Coin, So Expect It To -90%!CAUTION!
Filecoin is a coin being shilled by Arthur Hayes, he even expect it to go $100, which is extremely unlikely.
It is obvious he doesn't know A THING about the coin's massive inflation.
Because of this, it could drop to $1 more easily! You have been wanred...
FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 10.53
🛑Stop Loss: 9.55
🎯Take Profit: 11.29-12.13
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!