FILBTC
FileCoin FIL - Ready for a bullish action! + Elliott Wave + Base
For a confirmation trade, buy a breakout above 6.41 USDT, which I strongly advise you to do here!
As per my Elliott Wave analysis, the huge impulse wave has been finished successfully and now we are ready for a bullish retracement.
As you can see on the chart, we have a local base (rectangle pattern) and this is something i like to see!
The last trendline of the last impulse wave has been destroyed by the bulls, so another great sign.
The profit target for this trade is 6.5 USDT, which is totally doable, but in the long term, I think we can go even higher.
Look at my ideas about interesting altcoins in the related section down below.
I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
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Filecoin (FIL) - July 31Hello?
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(FILUSDT 1D Chart)
Primary resistance: 8.09-9.61
Secondary resistance: 15.65
1st support: 6.83
2nd support: 5.50-5.86
If it rises to the 8.09-9.61 section and is supported, it is expected to show an uptrend.
Since the RSI and StochRSI indicators have entered the overbought zone, it is important to find support and resistance at the point when they break out of the overbought zone.
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** All descriptions are for reference only and do not guarantee a profit or loss in investment.
** The MRHAB-T indicator, which is inactive on the chart, contains indicators that indicate support and resistance points.
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry through split trading. It is a short-term investment perspective.)
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FILUSD bottom forming Filecoin like many altcoins is forming the bottom. We don´t expect a big pull back as many altcoins already formed their bottoms and FILUSD is lagging behind but we expect it to form the bottom soon and pump towards the next strong resistance at 17 $.
However, with the strong bullish momentum (expected in the next weeks), we expect FIL to reach our mid-term target (27 usd) in August or early September.
Long story short:
-Accumulate FILUSD now
-take profit at 17 $
-Sell everything when reaches 27 $ and expect the pullback.
- Most likely BTC will be ranging what will give time for altcoins to rise in the next weeks
FILUSDT - Oversold (Weekly chart!)I will keep this brief:
1) Price has dropped over 98% (!) from ATH
2) RSI is as oversold levels, descending wedge forming
3) The falling wedge drawn
4) It has printed red candles for a consecutive 10 weeks. How much more can it drop?
5D BTC pair chart looking nice too
Can the price drop more? Sure. But after a 98% correction? I am willing to say chances are in favor of upside.
TImeframe: Weeks
Return: Don't know
Leverage: 2-3x if you need to use
FILECOIN BOTTOM CLOSER THAN EVER!Filecoin is on the cusp of completing a Zigzag ABC correction,
These current levels are buy zones for spot buys
Best Place to go long is Orange Horizontal Support($20)
Top of the Descending trendline is The first target,
0.618- 2nd target,
Hodl the rest till price rejection.
FILUSDT on Binance- Macro Down Trend Breakout -Target 170%~1500%Filecoin On binance is ready to fly FILUSDT
Safe Entry after a daily close above 22.3 with a 170% Expected Profits.
Agressive entry Now at those support levels with a stoploss at 15.5$
IF IT LOSSES 15$ then Re-Buy at 10$ with same targets.
TP1 31$
TP2 50$
TP3 95$
TP4 165$
TP5 300$
DYOR.
FILUSD Bull Attempt at Gaussian ChannelOn the left FILUSD shows a bull rejection from the upper band of the 'Gaussian Channel' indicator on this Monthly timeframe, this coincides with a downward trend that has recently been broken (dotted line)
On the right the BTC pair shows on the daily chart a bullflag confirming the bullish state of FIL
FIL is at a very good Price to Long 07/02/2021Price Action analysis shows us that the price is under valued as compare to other cryptos so it can face some pomp in the near future as we are in the altcoin season currently when the big dominance holders loos their dominance
strong Buy suggestion
what do you think?
FILUSDT 1D TA : Breaking TrendLineAccording to the chart, by breaking the trend line upwards, it has been able to create an upward trend, which will reach about $ 30 by breaking this range by reaching the first ob range, otherwise it will be corrected to the trend line. In case of further correction in the ob range, the analysis will be updated.
Its not Buy or Sell SIGNAL
DYOR
BY : Mohamad Teriz - @AtonicShark
Filecoin Full Correction Completed | Strong Bullish SignalsWe are looking at the weekly timeframe for Filecoin (FILBTC), which means that the signals here are really strong.
We have a perfect falling wedge pattern breaking bullish and a bounce at long-term support.
Prices are bouncing at the May 2020 support level.
We have a volume breakout this week...
And a young bullish cross on the MACD:
We also have long-term hidden bullish divergence with the RSI and MACD (since September 2019).
Namaste.