FILBTC
FIL / BTC still in the same uptrend it began in MarchWeird chart here, a bit unconventional - but... if you draw trend lines along the current 30 min chart pattern's top and bottom, and again along the 4H chart in the same two areas:
- it connects back to pivot points along the uptrend from back in March.
It looks like we should've continued by forming a parallel uptrend from there, but instead of this slow and steady uptrend forming within a channel; with the anticipation of strong continuation, it rose significantly above where we should've and has now corrected.
So, now - we've corrected back down within the channel that should've formed to begin with. It is slowly beginning to tighten, and may yet get broken above again.
Let's see what happens. At the least, I expect we touch the top two trend-lines again, and then continue to move within the channel... if we don't break above it fairly quickly after touching the top again.
Filecoin (FIL) - June 9Hello?
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(FILUSD 1W Chart)
If the price holds above the 53.9757257 point, it is expected to maintain an uptrend.
(1D chart)
To convert into an uptrend, it needs to rise above the 88.8888797 point and find support.
We need to see if we can find support at the 63.0641658-77.2749855 zone and move forward along the uptrend line.
If it falls in the 47.1490963-53.9757257 range, careful trading is necessary as it enters the long-term investment area.
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(FILBTC 1W chart)
If the price holds above the 0.0015437 point, it is expected that the uptrend will continue.
(1D chart)
In order to continue the uptrend, we need to see if there is any movement outside the downtrend line.
If it falls from the 0.0018899 point, you need a Stop Loss to preserve your profit.
However, it can touch the 0.0015437 point and can rise, so trade cautiously.
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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)
FILBTC Technical AnalysisFILBTC is still in the Bearish Flag . There is a big Green candle which shows that the Bulls are pushing the price higher. there might be Pullback at 0.0020017 but the price most probably will go to the upper band of the channel. if we get a break out of the Resistance there is a high chance that the price goes to 0.0027616
SL @ 0.001458
TP1 @ 0.0027616
TP2 @ 0.003542
TP3 @ 0.0045323
Filecoin (FIL) - May 23Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FILUSD 1W chart)
(1D chart)
We have to see if we can get support and climb on the 63.0641658-77.2749855 segment.
We need to see if we can get off the downtrend line and climb along the uptrend line.
If it falls, we need to make sure we get support at 47.1490963.
In order to turn to an uptrend, it must be supported by rising at least 105.6966265 points.
--------------------------------------
(FILBTC 1W chart)
(1D chart)
Due to the volatility around May 23rd (May 22-24), it remains to be seen if there is any movement that deviates from the 18899 Satoshi-23526 Satoshi section.
In particular, we have to see if we can get off the downtrend line.
If it falls, you can touch below the 14 371 Satoshi point, so you need to trade carefully.
In order to turn to an uptrend, it must rise above the 23426 Satoshi point and gain support.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Filecoin. Possible next participantHello!
I realized that I usually put signals which are just about to break or has just broke out which would need a throwback (pullback and retest) for a "perfect" risk/reward.
I was thinking I'll put an update now early on from a possible participant for us
We have a nice looking bullflag here.
We will follow this one and look, how it starts to play out
Give a like if you like this idea
-Jebu
Filecoin (FIL) - May 5Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FILUSD 1W chart)
(1D chart)
We need to see if we can get support from 134.1182676-148.3290873 and break off the downtrend line.
If it falls at 105.6966265, you need a Stop Loss to preserve profit or loss.
However, it may rise along the uptrend line, so careful trading is necessary.
It remains to be seen if volatility around May 7 could break the downtrend line.
---------------------------------------
(FILBTC 1D chart)
We have to see if we can get support from the 23426 Satoshi-25690 Satoshi section and climb above the 32482 Satoshi point.
If it falls at 18899 Satoshi, Stop Loss is required to preserve profit and loss.
If the price remains above the downtrend line, it is expected to rise.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
Filecoin (FIL) - April 25Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
We have to see if we can get support and climb on the 134.1182676-148.3290873 section.
If it falls in the 77.2749855-82.1495451 section, a Stop Loss is required to preserve profit and loss.
In order to turn to an uptrend, it must rise above the 148.3290873 point and gain support.
The most important thing at this point is whether you can get off the downtrend line.
-----------------------------------
(FILBTC 1D chart)
25690 Satoshi-32482 Satoshi section to see if there is any movement that deviates from it.
In particular, it remains to be seen if it can break off the downtrend line and get support at Satoshi 29827.
If you fall in the 23426 Satoshi-25690 Satoshi section, a short stop loss is required.
If there is a decline in the 17379 Satoshi-18899 Satoshi section, a Stop Loss is required to preserve profit and loss.
--------------------------------------
It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price 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, so that the money that ultimately corresponds to the profit can regenerate the profit.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market or CME and BAKKT exchanges were closed because they are not trading 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
FILBTC (Filecoin) - Coin of the WeekFilecoin is a decentralized storage mechanism with the aim of storing "humanity's most valuable information." In 2017, the project raised $205 million from an initial coin offering (ICO), with a target launch date of mid-2019. The project was first defined in 2014 as an incentive layer for the peer-to-peer storage network Interplanetary File System (IPFS). Filecoin is an open protocol with a blockchain that tracks the network's members' commitments and transactions in FIL, the blockchain's native currency. Proof-of-replication and proof-of-spacetime are both used in the blockchain.
Technically, we are seeing a big consolidation for this pair in its way to new highs. The higher probability scenario is a short term down move to reach the support area and then continue the uptrend. The price might continue to go higher from here, although we consider this to be a lower probability scenario. If the price breaks the red trendline and consolidates above it, it will probably continue the uptrend.
Trade with care.
Best regards,
Financial Flagship
Disclaimer: The analysis provided is purely informative and it should not be used as financial advice. Remember that you need a plan before you start trading; so, take this knowledge and use it as a guidebook that will ultimately help you understand the market and easily predict your next move.
Filecoin (FIL) - April 14Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also click "Like".
Have a good day.
----------------------------------
(FILUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 148.3290873-190.9615481 segment.
In particular, it remains to be seen if it can rise above the 172.0544976 point.
If you decline in the 134.1182676-148.3290873 range, you need a short stop loss.
What's important in the current situation is getting out of the downtrend line.
----------------------------------
(FILBTC 1W chart)
(1D chart)
We have to see if we can get support at the 25690 Satoshi spot and climb along the uptrend line.
If it falls, we need to make sure we get support in the 23426 Satoshi-25690 Satoshi section.
If you fall at the 23426 Satoshi point, you need a short stop loss.
-------------------------------------------------- -------------------------------------------
** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for the sake of convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the conventional 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 that oh92 disclosed. (Thank you for this.)
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on 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 segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. 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 do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)