FILBTC
FILUSDT - BULLISH SIGNAL UPDATE!As you all know, FIL is not performing well from last week and according to the Chart patterns, Ascending Channel is formed and also indicators giving bullish signal.
Short term Trade, DYOR Before taking trade, as i'm not responsible for your loss.
RISK FACTORS:
Market/ BTC CRASH
Move against Trend.
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Filecoin (FIL) - October 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(FILUSD 1W Chart) - Mid-Long-Term Perspective
Above the 47.149096-53.975726 section: The uptrend is expected to continue.
(1D chart)
Support section: 63.064166-77.274985 section.
First resistance zone: near point 105.696627 (97.351538-118.578758)
Second resistance section: 134.118268-148.329087 section.
If it falls from the support zone, it may move towards the 47.149096 point, so trade cautiously.
If it falls from the 47.149096 point, it is highly likely to enter the mid- to long-term investment area, so you need to think about countermeasures.
If the price is maintained by moving up to the 77.274985-105.696627 section, it is expected to turn into an uptrend.
We do not recommend buying when the price is rising as the downward correction to break out of the downtrend line may continue.
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(FILBTC 1W Chart) - Mid-Long-Term Perspective
Above the 0.000796-0.000969 section: The uptrend is expected to continue.
Above 0.001398 point: Expected to create a new wave.
(1D chart)
Support interval: 0.001211-0.001437 interval.
First resistance interval: near 0.001890 point (0.001890-0.001981)
Second resistance section: 0.002343-0.002569 section
If it falls from the support zone, it may enter the mid- to long-term investment area, so careful trading is required.
However, you can touch the 0.000796-0.000969 section and rise, so you need to think about countermeasures.
If the price holds in the range of 0.001437-0.001890, it is expected to turn into an uptrend.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
FILUSDT Technical Analysis
⏳ Spot
💎 FILUSDT had formed a Wedge pattern. After that it has been moving along the ascending channel and has been making HHs and HLs. I expect that it continues to go higher along the channel. It might go lower for a Pullback.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 60.00
☕️ TP1 77.00
🍺 TP2 95.00
🍻 TP3 117.00
🍾 TP4 ______
🍷 TP5 ______
🍸 TP6 ______
🍹 TP7 ______
🎁 TP8 ______
🚫 SL 55.00
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
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$
-------------------------------------------
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BTC dictates the market. If BTC falls, then Alts will fall as well. Trade safe!
Filecoin (FIL) - September 8Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(FILUSD 1W Chart)
There's not much to tell from this chart.
However, if the price is maintained above the 47.149096-53.975726 range, it is expected that the upward trend will continue.
(1D chart)
If the price is maintained in the range of 77.274985-105.696627, the uptrend is expected to continue.
If you fall from the 63.064166-77.274985 section, you can touch near the 47.149096 point, so you need to trade carefully.
A significant resistance interval is the 156.373900-167.010019 interval.
-------------------------------------
(FILBTC 1W chart)
If the price holds above the 0.001544 point, it is expected that the uptrend will continue.
(1D chart)
If the price is maintained in the range of 0.001437-0.001890, it is expected to turn into an uptrend and rise.
If it declines from the 0.001211-0.001437 point, it is likely to enter the mid- to long-term investment zone, so you need to trade cautiously.
However, you can touch the 0.000796-0.000969 section and rise, so you must also think about how to respond.
If it moves towards the 0.002343-0.002569 interval, I expect it to re-determine the trend.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying the formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
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.
______________________________
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FILBTC Technical Analysis
⏳ Spot
💎 FILBTC after the breakout of the resistance will go for a retest and then again will go up. It has also broken above the flag pattern . It may go to the Pullback zone before it goes up.
🏁 Short & Medium Term
💵 Invest Only 5% of your Portfolio
🎳 Entry at market or 0.001700
☕️ TP1 0.002110
🍺 TP2 0.002200
🍻 TP3 0.002365
🍾 TP4 0.002530
🍷 TP5 0.002700
🍸 TP6 0.002900
🍹 TP7 ________
🎁 TP8 ________
🚫 SL 0.001400
Good Luck 🎲
Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️
Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this.
Feel free to request any pair/instrument analysis or ask any questions in the comment section below.
We will have more FREE forecasts in TradingView soon
Have a Profitable Day
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.
Filecoin (FIL) - August 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(FILUSD 1W Chart)
If the price holds above the 47.1490963-53.9757257 range, we expect the uptrend to continue.
(1D chart)
It remains to be seen if the 63.0641658-77.2749855 section can find support and move up.
If the price holds above the 77.2749855 point, it is expected to turn into an uptrend and move higher.
If it falls in the 47.1490963-53.9757257 section, it is likely to deepen into the mid- to long-term investment area, so careful trading is required.
-------------------------------------
(FILBTC 1W chart)
If the price holds above the 0.0015437 point, it is expected that the uptrend will continue.
(1D chart)
If the price holds in the range of 0.0014371-0.0018899, it is expected to turn into an uptrend.
However, it is expected that the uptrend will continue only when it deviates from the downtrend line.
If it goes down, you should check to see if it finds support in the 0.0012107-0.0014371 zone.
If it falls from the 0.0012107 point, it is possible to enter the mid- to long-term investment area, so you need to trade cautiously.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
Filecoin (FIL) - July 16Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FILUSD 1W Chart)
If the price holds above the 53.9757257 point, it is expected that the uptrend will continue.
(1D chart)
We'll have to climb to the 63.0641658-77.2849855 section and see if we can find support.
If it declines at this rate, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
However, you should also be prepared for this, as it may touch the 34.0991707 point or the uptrend line and move higher.
It must move above the 77.2749855 point to continue the uptrend.
-------------------------------------
(FILBTC 1W chart)
If the price holds above the 0.0015437 point, it is expected that the uptrend will continue.
(1D chart)
If the price holds in the range of 0.0014371-0.0018899, it is expected to turn into an uptrend.
If it falls in the range of 0.0012107-0.0014371, it is possible to enter the mid- to long-term investment area, so careful trading is required.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
FIL / BTC - Proposed Path - CupsJust an idea for a potential path through september / october for Filecoin / BTC pairing.
Initially we formed a cup that led up to our ATH. This idea assumes we're forming yet another cup, where the bottom of the cup completes something like an inverted HS or a double bottom pattern, and the neckline we need to break to continue upwards, also happens to be our highs from the previous cup.
Let's see what happens here.
FIL / BTC - Important Levels & Parallel DowntrendQuick reference chart for trading FIL / BTC to share, regardless of which direction price chooses to go.
See other related chart ideas for Filecoin.
I believe we either make a small double bottom here around ~0.0014-0.0015, and then head up towards the top of our channel, or we head all of the way back down and make a double bottom on the overall chart.
Filecoin (FIL) - June 30Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FILUSD 1W Chart)
We should see support at the 53.9757257 point and see if we can move higher.
It remains to be seen if it can move above the 80.6099386 point and turn into an uptrend.
(1D chart)
We need to climb to the 63.0641658-77.2759855 section and see if we can find support.
If it rises in the 63.0641658-77.2759855 section, it is expected to turn into an uptrend.
However, in order to accelerate the uptrend, it must break out of the downtrend line.
If it does go down, you should watch to see if it follows an uptrend line.
-------------------------------------
(FILBTC 1W chart)
We need to see support at the 0.0015437 point and see if we can move higher.
It needs to move above the 0.0019810 point to continue the uptrend.
(1D chart)
We will have to wait and see if we can sustain the price in the 0.0014371-0.0018899 range to turn into an uptrend.
To accelerate the uptrend, you need to break out of the downtrend line.
If it does, we should see support from the 0.0012107-0.0014371 zone and see if it can move up along the uptrend line.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)