Get started

Filecoin

FIL Filecoin Double Bottom Chart PatternFIL (Filecoin) has shown an encouraging chart pattern with the formation of a double bottom, indicating the possibility of a bullish reversal. This pattern suggests that selling pressure may have reached a bottom, potentially leading to a shift in momentum. With the double bottom pattern in play, FIL has the potential to experience an upward price movement, and your first price target of $5.60 seems within reach. As market sentiment improves and buying interest strengthens, FIL could witness significant price appreciation. Looking forward to read your opinion about it!
Long
by TopgOptions
Bullish Reversal Potential on $FIL: Falling Wedge PatternGreetings, Traders! Today, I'm thrilled to share an intriguing technical analysis discovery on the stock of Filecoin ( TSX:FIL ). A falling wedge pattern has emerged, indicating the potential for a bullish reversal in the near future. Let's dive into the details! 📈 Ticker: TSX:FIL 📅 Timeframe: Daily Chart 📊 Pattern: Falling Wedge 📉 Understanding the Falling Wedge Pattern: A falling wedge is a bullish chart pattern characterized by converging trendlines that slope downward. Typically formed during a downtrend, it suggests diminishing selling pressure and the potential for a reversal. This pattern indicates the possibility of an upward price movement. 🔍 Identifying the Falling Wedge on TSX:FIL : Upon analyzing the daily chart of TSX:FIL , the following observations come to light: 1️⃣ Recent downtrend: TSX:FIL has experienced a decline in price over the past weeks. 2️⃣ Converging trendlines: The upper trendline connects the lower highs, while the lower trendline connects the lower lows. 3️⃣ Decreasing trading volume: As the falling wedge pattern forms, the trading volume has been declining, indicating a potential reduction in selling pressure. 📈 Price Targets and Trading Strategy: If the falling wedge pattern on TSX:FIL plays out as expected, a potential bullish breakout above the upper trendline might occur, signaling a reversal and potential price appreciation. Consider the following price targets: 1️⃣ Target 1: Resistance level near $80.00 2️⃣ Target 2: Psychological resistance near $100.00 🛡️ Risk Management: Implement the following risk management techniques to protect your capital and manage risk effectively: 1️⃣ Set a stop-loss order below the lower trendline to safeguard against unexpected price reversals. 2️⃣ Adjust position size based on your risk tolerance and overall portfolio management strategy. 🔔 Conclusion: Stay watchful as Filecoin ( TSX:FIL ) continues to develop this falling wedge pattern. The formation suggests the potential for a bullish reversal in the near future. However, please remember that technical analysis has limitations, and market conditions can change. Consider incorporating additional analysis and fundamental factors before making any trading decisions. Disclaimer: This post is for informational purposes only and should not be considered as financial advice. Always conduct your own research and consult with a qualified financial professional before making any investment decisions. Happy Trading! 📈💰 #TradingView #TechnicalAnalysis #FallingWedge #BullishReversal #FIL #StockAnalysis #ChartPatterns #TradingStrategies #Investing #Finance #MarketAnalysis
Long
by STP_MrNodeItAll
2
FLOW, FIL, GRTHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (FLOWUSDT chart) The HA-Low indicator on the 1W chart is about to form at the 0.678 point. Therefore, when it is created at the 0.678 point, it is necessary to check whether it is supported around 0.638-0.754. If supported, you can buy. If you bought 1st: 0.871 2nd: 0.998-1.112 3rd: 1.315 Split selling is possible when resistance is received around the 1st - 3rd above. Since the HA-Low indicator on the 1M chart is formed at the 1.701 point, a full-fledged uptrend is expected to begin when the price rises above the HA-Low indicator on the 1M chart. (FLOWKRW chart) The key is whether you can rise with support around 917-1015. when it rises, 1st : 1160 2nd: 1315-1490.0 Split selling is possible when resistance is received near the 1st and 2nd above. However, since the HA_Low indicator on the 1M chart is formed at the 2355 point, it is expected that the full-fledged uptrend will begin only when it rises above the HA-Low indicator on the 1M chart. -------------------------------------------------- ---- (FILUSDT chart) Looking at the 1M chart, Support and resistance points are formed at 5.686. Therefore, it is expected that the full-fledged uptrend will begin only when it rises above 5.686. Looking at the 1D chart, The HA-Low indicator on the 1D and 1W charts is close up. And, you can see that the HA-High indicator on the 1D chart is also close. So, if possible, I would recommend waiting for support around 4.404-4.698. If you confirmed the support and bought it, 1st: 5.130-5.686 2nd: 7.230 Split selling is possible when resistance is received near the 1st and 2nd above. -------------------------------------------------- ---------------- (GRTUSDT chart) Looking at the 1M chart, It is expected that the full-fledged uptrend will begin only when it rises above the 0.1636 point. Looking at the 1D chart, It gained support around 0.0974-0.1047 and rose. thus, 1st: 0.1292-0.1355 2nd: 0.1606-0.1636 Split selling is possible when resistance is received near the 1st and 2nd above. It is expected that the actual uptrend will begin only when it rises above the 0.1997 point formed on the 1W chart. (GRTKRW chart) The role of support and resistance is weak since the chart was created not long ago, so please refer to it. It is expected that the upward trend will start only when it rises above 172, which is the volume profile section formed on the 12h chart. If it declines, you should check for support around 130-136. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
by readCrypto
FILUSDT something truly exciting in the market!!👀 💎 FILUSDT makes a breakout from a triangle pattern, hinting at a potential market transition. 💎There’s an unmitigated order block acting as a support level. 💎 If the price breaks below the support level of 3.889, it's expected to retest the order block 💎 If the price sustains above the order block during this retest and begins to display bullish price action, it could be a positive indicator. 💎 In the ever-evolving crypto landscape, staying informed and flexible is crucial. Stay tuned for more updates and enjoy your trading journey!
by MyCryptoParadise_Simon
2
TRADE OF THE DAY | FIL showing bearish divergence | Potential 9%TRADE OF THE DAY | FIL showing bearish divergence | Potential 9% Whilst a lot of assets right now are showing some nice breakouts, FIL seems to be doing the opposite with show a few bearish key signs, most notably a bearish divergence whilst being overbought and getting rejected from the 50 Daily EMA. The take profit is set slightly below a 1:1 due to there being a key local support right around target - it makes sense not to risk putting it over for the sake of a very small improvement on the RR. Be cautious as there are a couple of untested weekly pivots above one around 4.766 which is likely to be filled given its small distance although the one to really watch is sat at 5.1 that can break the trade down.
Short
by Kryptochristian
10
✴️ Filecoin Recovery Will Lead To Higher HighHere we have a very simple yet strong signal on FILUSDT. Look back to 16-December 2022. We have a breakdown of support right before a major bullish wave; The stop-loss hunt event. Move forward to present time and notice the break below support 7-May, the market movers and trying to shakeout people before a major bullish move. This breakdown normally precedes a wave up. We are now seeing a recovery on FILUSDT within a long-term higher low. This whole pattern can lead to a higher high... Simple signals yet strong. We will know how it goes based on the results. This is not financial advice. All the information shared here is for learning and entertainment purposes only. I hope you enjoy the content and find it enlightening. Namaste.
Long
by AlanSantana
2
BTCUSDT H8 : Hi Guys , Hope you well, As you can see, we are moving in a downtrend channel with a low slope, and a structural change has occurred in the 4-hour and 8-hour timeframes. I expect to move from the supply area and almost in the middle of the channel to the main support at the bottom of the channel and the demand area in the daily time around 25300. SecondChanceCrypto ⏰18/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.
Short
by Secondchancecrypto
FILE COIN, a long term vision. FILUSDTHello guys, A multi timeframe analysis of FIL and a long term vision for investment. The crypto market is so close to a new temporary bull run, and Fil on the good support zone 5$ , although If lose this level, will go down to lower level 3$. So these points is will be good to enter as a investment. You can consider it and monitor the price's actions in the circle to buy it. Targets will be 11-16-22$. Observe the capital management and stop loss for any unforeseen event in the market. Good luck If you like the idea, do not forget to support with a like and follow me for next analysis :) Write your comment and opinion below for me . Salam doostan aziz, hame chiz rooye chart moshakhas shode be dide sarmaye gozari boland modat baraye harkat soodi movaghate market. Fil bar rooye hemayat khoobi hast 5$, agarche agar in hemayat az dast bere be sathe hemayati badi 3$ khahad raft. pas in do noghte baraye kharid khoob hast. mitoonid in ro dar nazar begirid va raftar gheymat dar dayere ha ro baraye kharid baresi konid. target ha 11-16-22$ hastan. lotfan modiriyat sarmaye va hade zarar baraye har etefagh dar bazar ro ra'ayat konid. moafagh bashid. like va follow faramoosh nashe :)
Long
by ArashBanakar
2
FIL - The project that promised to secure your dataThis is the era of Data. Data storage, data security, data privacy, and control over data. FILEcoin being the first project in the field with the original concept has a lot to offer when in the world of AI, data is the food for machines. Also, the math is on the side of this coin. The bottom for this coin is almost in. With the current price development next fib level bottom is below zero which gives this project the technical freedom to grow. If investors come to see this project the growth from here is exponential up to 1000%. But, let's not get out of our sight. here are two scenarios that I think are possible for this coin. in both the scenarios in the mid to long term, coin shows immense potential. let's see which scenario plays out. If you like my work, please give it a thumbs up. your support helps me to put more effort in the charting.
Long
by crypto_gambler_