Filecoin
Potential invh&s on filecoin daily chartNot guarantee this plays out and usually nor wise to chase an inv h&s trade until the right should completes on the neckline, but considering the crypto market appears to be resuming its uptrend soon it does greatly increase the probabilities of this playing out so it’s worth keeping an eye on imo. *not financial advice*
SasanSeifi| Is Filecoin Ready for a Bullish Rebound?Hey there, ✌In the daily timeframe, as you can see, Filecoin ( BINANCE:FILUSDT ) has been in a downtrend for a while, falling from the $10 range. After this decline, the price found support around the $3 range, showing positive reactions and some volatility. Currently, the descending trend line, which had multiple touches, has been broken, and the price is now trading around $3.90.
Considering the $3 demand zone holding and the breakout of the long-term downtrend, there seems to be potential for some minor upward moves in the future.
🔹 One scenario to watch is that if the price breaks through the $4 level with strong momentum and stabilizes above it, we could see growth towards the $4.20 target and the supply zone around $4.50.
🔶 If the price rises, it will be important to monitor how it reacts to these levels to better understand the future trend. After a potential negative reaction and minor correction, the price could push up again and reach as high as the $5.50 to $6 range.
🚨Key support levels to watch are $3.50 and $3.20. Holding above these levels is crucial for maintaining the bullish outlook. ❗❗
⭕(The chart is logarithmic.)
💢This analysis is my personal viewpoint and not financial advice. If you found this helpful, please like and comment – I’d love to hear your thoughts! Happy trading! ✌😊
FILECOIN LONG-SWING TRADINGI’m starting to go long on altcoins, beginning with Filecoin. I see a realistic target before the weekend, ahead of a potential breakout.
BINANCE:FILUSDT
This is a swing trade setup, with the plan to close it by the weekend or on Sunday at the latest.
Entry Strategy:
OTE (0.705) + FVA + FVG + Overlapping Defense
Trade Management:
Consider taking the first profit at the 1.62 Fibonacci level. However, with altseason on the horizon, I'm aiming higher—targeting the 2.62 level to close the trade if all goes as expected.
Altseason is approaching. Stay calm; there’s still time to position yourself for solid entries at good prices before December.
Filecoin’s Glif Protocol Announces 100 Million Token Airdrop In a groundbreaking development for the Filecoin ecosystem, Glif, the largest decentralized finance (DeFi) protocol on the Filecoin network, announced its upcoming native token, GLIF, alongside a substantial 100 million token airdrop. This strategic move sets the stage for Glif's expanding role within the Filecoin network, and it promises substantial rewards for its user base.
Glif’s Role and New Token Introduction
Glif operates as a liquid leasing platform within Filecoin ( LSE:FIL ), allowing FIL holders to generate rewards by lending their FIL to storage providers within the network. With over $124 million in total value locked (TVL) according to Filfox and DefiLlama, Glif has established itself as a critical DeFi component for Filecoin ( LSE:FIL ). The introduction of GLIF tokens will further strengthen its foundation by aligning governance and community growth.
Jonathan Schwartz, Glif’s founder and CEO, noted that the GLIF token is set to act as the first governance token for a protocol essential to Filecoin ( LSE:FIL ), much as Lido serves Ethereum and Jito serves Solana. This launch will empower users to actively participate in the protocol's evolution through GLIF’s decentralized autonomous organization (DAO) governance structure.
GLIF Token Airdrop Details and Allocation Structure
Of the one billion total GLIF tokens, 10%—equating to 100 million tokens—has been reserved for an airdrop to eligible GLIF points holders. The airdrop will distribute tokens on a 1:1 basis to users with at least one GLIF point, and recipients will have 25% of their airdrop tokens unlocked immediately. The remaining 75% will vest linearly over a 180-day period, reflecting Filecoin’s block reward vesting model. This structure enables holders to contribute to governance activities while maintaining longer-term incentives.
The larger GLIF token allocation is structured to support core contributors, ecosystem development, and investor interest, making up 29.35%, 20%, and 15.65% of the total token supply, respectively. Glif’s foundation for community growth extends beyond the initial airdrop, with an additional 250 million tokens reserved for future community efforts.
Technical Overview
At the time of this analysis, Filecoin’s native token, LSE:FIL , has shown an increase of 0.35%, trading within an ascending trend. With an RSI of 58, the token is well-supported within its current zone, providing a potential catalyst for a bullish breakout. The immediate resistance level is marked at $3.88; surpassing this threshold could fuel momentum, driving LSE:FIL towards $4, and potentially as high as $5 if the bullish reversal gains traction. Conversely, a fall below the current support zone could see LSE:FIL drop toward a one-month low of $3.20, representing a key level to watch for both short-term and long-term investors.
The potential impact of the GLIF airdrop could serve as an additional catalyst for LSE:FIL ’s price in the near term, aligning with the platform’s larger DeFi ecosystem. Glif’s deep integration with Filecoin positions the protocol as a key player in the decentralized storage network, fostering liquidity and offering additional income avenues for FIL holders through leasing.
The GLIF Foundation and Long-Term Governance Potential
To reinforce GLIF’s governance and ensure a decentralized approach, the GLIF Foundation has been formed as an ownerless entity representing the GLIF DAO. This foundation will empower GLIF token holders to make decisions about the protocol’s direction, community growth, and allocation distribution. The GLIF Foundation’s long-term strategy will be pivotal in sustaining the protocol’s value and fostering a cohesive ecosystem for developers, contributors, and community participants.
Looking Ahead
Backed by key investors like Multicoin Capital, Big Brain Holdings, and Protocol Labs, Glif has also attracted $4.5 million in seed funding earlier this year, reinforcing its commitment to expanding the Filecoin ecosystem. The anticipated airdrop and the GLIF Foundation aim to drive further engagement, incentivizing new and current users to participate in governance and broaden the utility of Filecoin as a robust DeFi network.
In summary, Glif’s airdrop and the introduction of its governance token mark a new era for Filecoin ( LSE:FIL ), as Glif aims to play a central role in defining the DeFi landscape on this decentralized storage platform. With a careful balance between immediate user rewards and long-term vesting incentives, Glif’s tokenomics reflect a forward-thinking approach that could pave the way for Filecoin’s continued success in the DeFi space.
Filecoin update- everything is in chart and simple as always.
1. Wait for a trend breakout ( and wait for a weekly candle confirmation ).
2. Wait for a buy if back to bottom around 3$.
- Unload around 20$.
- if it breaks 20$-27$ and altseason starts.
- it's a free fly ticket to 120$.
- Your trade, Your Decision.
- Stay S4fe !
Happy Tr4Ding !
FILECOIN -The accumulation is almost overMy favorite coin right now is FIL, for several reasons, the first is that the risk reward in this case is really exceptional considering the historical support very close and the last important point where the course has been reversed to about a 50X from here, the second fundamental factor is Grayscale which has not one but two funds dedicated to FIL, the first is a single-asset fund and the second has just been created and is called Decentralized AI Fund where Filecoin is the most important holding (more than 30%). That said, we have a coin with incredible potential that is great from both a technical analysis and fundamental analysis perspective
#FIL/USDT#FIL
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the 100 moving average again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 3.30
Entry price 3.53
First target 3.88
Second target 4.11
Third target 4.380
Filecoin on the Verge of a Breakout or Breakdown? Don’t MissYello, Paradisers! Are you prepared to seize the next big opportunity in #FILUSDT? We've been laser-focused on #FILECOIN as it navigates this critical juncture, and now is the moment to determine whether the bulls are ready to charge or if the bears will take over. Here's what you need to know:
💎Currently, FILUSDT is showing promising signs of a bullish continuation from the demand zone around $3.500. The falling wedge formation we've been tracking has broken to the upside, and momentum is building within this crucial area. Should this momentum persist, we could be on the brink of a significant bullish surge.
💎However, for this scenario to unfold, #FIL must break above the minor resistance level at $4.752. A successful breach could trigger a notable rally, with our sights set on the next major resistance zone.
💎But remember, caution is key. If the momentum weakens and FILUSDT dips below the demand zone, we could see a pullback towards the lower support range between $3.165 and $2.915. A continued decline, especially a daily close below this lower support area, would invalidate the bullish outlook and might set the stage for further downward moves.
💎Paradisers, now is the time to stay alert and prepared. Whether the bulls or bears take control, we are ready to capitalize on the opportunity. Remember, in volatile markets, only those who remain patient, disciplined, and strategic will thrive.
Stay focused, trade smart, and let’s make sure we’re on the winning side of this move!
MyCryptoParadise
iFeel the success🌴
FILUSDT: Price Ranging Inside the BoxFILUSDT technical analysis update
FIL's price has been ranging within a box for the last 825 days, repeatedly testing both the support and resistance levels of the box. Recently, the price touched the box support again and is now slowly bouncing from it. We can expect a bullish move from the current support level.
The price could potentially increase by 500%-1000% from the current level, making it a good time to accumulate some FIL.
Regards
hexa
Alikze »» FIL | Complementary scenario of correction wave 2🔍 Technical analysis: Complementary scenario of wave 2 of super cycle
- In the analysis presented in the previous post, after reaching the range of 6.25 in a short-term ascending channel, a bearish reversal candle was encountered.
- According to the structure of this correction in the form of a 5-wave zigzag, it can be a correction in the form of a 2-wave correction of the entire previous upward wave.
- Therefore, if this wave ends in the green box area and meets the demand, we should wait for a return cycle to the red box area (supply area).
- If this reversal can break the zone after a short correction in the form of wave 3 ascending super cycle and stabilize above the zone, we will have the scenario of wave 3 ascending super cycle, which further updates will be provided subsequently.
⚠️ In addition, if this amendment enters the range of invalid level, this scenario will be invalidated and should be reviewed and revised and the scenario of the second behavioral movement should be replaced.
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Alikze.
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#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
Almost time for $FIL? $25+ target soon?TSX:FIL looks like it's almost ready for it's moon mission.
I think there could be a possibility of one more low to the $4.80ish support and longing that area should provide great returns.
Think once we break the blue trendline, we'll have a move straight to $25. From there, we'll see if we can hit the higher supports.
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
FIL will see bottom before moving up#FIL/USDT #Analysis
Description
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+ After a recent bounce, the price is again heading towards the support zone. We will enter a long trade only after the price rebounds from this zone.
+ This will provide ample confirmation that the price is moving in the right direction.
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VectorAlgo Trade Details
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Entry Price: 4.384 - Candle close above this
Stop Loss: 2.233
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Target 1: 6.207
Target 2: 8.386
Target 3: 10.983
Target 4: 19.638
Target 5: 33.338
Target 6: 66.76
Target 7: 113.00
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo