Filecoin Is About To Pump Beyond Your Wildest Imagination!Filecoin arguably has the single most bullish chart in all of crypto and I will explain why!
On this weekly chart, we can observe a clear breakout and retest of the long-term resistance trend. Not only have we had a breakout and retest, but the price level to break, around $7, has confluence with the most important technical levels, namely:
1. The 0.236 fibonacci retracement level;
2. A crucial horizontal resistance level;
3. The 100 weekly moving average;
Furthermore, price has currently found support on;
1. The weekly 8 EMA;
2. Long-term resistance that has turned support (this resistance-to-support flip is almost 3 YEARS OLD, which is incredibly significant);
3. A previous important horizontal resistance that has turned support (black dashed line).
Furthermore, the BINANCE:FILBTC chart shows a similar structure. TSX:FIL has also broken out of its longterm downtrend against CRYPTOCAP:BTC , so there is confluence between the COINBASE:FILUSD and the BINANCE:FILBTC chart, which adds even more significance to this incredibly bullish #crypto chart, possible the most bullish chart of a large cap #DePIN #cryptocurrency that has not pumped yet.
If #filecoin manages to break the $7 resistance level, I can see it propel to around $16, which is where the 200 weekly moving average sits at, within several days, possible within a few hours.
This also means your time to accumulate filecoin below $7 is running out. In fact, I would not be surprised if filecoin breaks $7 today and leaves all the doubters and hesitating weak-hand plebs behind!
Please note $16 is a minor initial target. Filecoin could easily run all the way to $26 and beyond within a few days of breaking out, which could happen at any moment.
FILBTC
Filecoin Broke Out & Is Retesting! Filecoin DePIN Checklist!Filecoin Checklist:
1. Down 98% from ATH? CHECK.
2. Broke out of multi-year resistance? CHECK.
3. Is currently retesting that multi-year resistance? CHECK.
4. That multi-year resistance also has confluence with other significantly important technical levels? CHECK.
Namely, confluence with:
a. bull market support band;
b. middle weekly bollinger band;
c. major horizontal support level;
d. a range of higher lows!
5. There is hidden bullish divergence on the weekly chart? CHECK.
6. Filecoin fits the hottest narrative, which is DePIN (Decentralized Physical Infrastructure Networks)? CHECK.
7. Filecoin just corrected at least 40%, wiping out many degenerates and impatient plebs? CHECK.
8. Filecoin is on all major exchanges and has amazing liquidity? CHECK.
9. Filecoin is off peoples' radar? CHECK.
10. People hate on Filecoin for no reason, making it a lucrative investment/buy for smart people? CHECK.
COINBASE:FILUSD BINANCE:FILUSDT BITSTAMP:BTCUSD BINANCE:FILBTC TSX:FIL #filecoin #bitcoin #crypto #depin
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FIL BUY SETUPIt has a structure that can pull back upwards.
The green area of the swap is a good place to take a buy/long position.
Fixing a 4-hour candle below the swap range 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 Is Officially Dead Another Chinese Coin Down the Drain!Filecoin Is Officially Dead Another Chinese Coin Down the Drain!
Imagine there are people who bought this at ATH for $230 and now it isn't even a lousy $10!
Many people recently bought this because of shiller Arthur Hayes, they will be very sorry, too for falling for that charalan!
If you want to prevent losing money follow me.
Filercoin will go to $0.10!
#FIL/USDT#FIL
The price has been moving in a downward channel since last April
The downtrend for that channel was broken at $3
It is the same strong support area
The price has gained nearly 200% so far
Supported by oversold on MACD
It is supported by the moving average 100 break of 1 D Frame
Current price 5.5 $
First goal 7.06 $
Second goal 9.11 $
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
Filecoin (FIL) formed bullish Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with Bitcoin pair.
Recently we caught more than 28% pump as below:
Now on a daily time frame, FIL has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FIL ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the FIL symbol.
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
FIL ANALYSIS (1D)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG theFIL symbol.
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
FIL ANALYSIS (1H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the FIL symbol.
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
FIL NEW UPDATE (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the FIL symbol.
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
FILUSDT DailyHi Guys Hope you well,
Charts show you anything's and please check my last filusdt analysis
SecondChanceCrypto
⏰09/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment.
FIL massive bullish waveFollowing parameter has been met regarding to fil on weekly chart:
1- trend break out
2- EMA 20 gap
3- retesting strong support level of BTC pair
Above mentioned factors can confirm major trend reversal on FIL
My entries are clear as I am expecting a pullback toward 0.5 and 0.66 area as price resumption.
FIL ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the FIL symbol.
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
FILECOIN more upside soonFILUSD looks great.
The price is breaking out of the symmetrical triangle .
We still may see a retest of the previous resistance to back test it as a support, however, the direction is north now.
Volume seems to be increasing so it's another reason to be bullish on FIL.
Targets / take porfit levels:
9.45$
11.33$
16.711 $
Filecoin and ICP usually moves together and currently ICP chart also looks good. Feel free to check our trading idea for ICP:
✳️ Filecoin Next To Move Strong... You've Been Warned! (50-130%)I understand that my followers like Filecoin, so we are going to look at both pairs, BTC and USDT.
This is the chart for FILBTC and it is looking really good.
✔️ We have a mid-term higher low, high buy volume, a bullish cross on the MACD and a rising RSI.
Today's candle is also the biggest in weeks and the first move on the bulls side since the mid-Feb. breakout.
The targets are mapped on the chart.
Enjoy the profits.
Remember to be patience;
To build a plan... It takes time, all of it, always.
If you prepare to wait for weeks, the wait can last months.
If you are prepared for 2 months, you might have to wait 4 or 5.
If you prepare for 6 months, the wait might be a year, etc.
We tend to be a bit ahead of the market when it comes to our expectations...
Now, I expect this to move today... So it can take a few days 😄
Thank you for your long-term continued support.
Namaste.
FIL ANALYSIS (1H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the FIL symbol.
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