Filecoin
If FIL/USDT Ready for a Giant Explosion to Reach $3.3?Filecoin price dropped hard in the past week after undergoing a significant upswing in the first few days of December 2022. Meanwhile, the price is currently consolidating within a decisive symmetrical triangle and reached the apex of the consolidation, beyond which a notable price action is expected depending on the volume induced.
Observations:
- Price volatility has slashed due as trading volume has slaughtered
- Bollinger bands experience a squeeze
- FIL price is testing the lower trend line and attempting for a rebound
Forecast:
- As the buying volume is failing to mount the required pressure, the possibility of a rejection occurs dragging the price towards the lower support at $2.88
- Else, if the bulls hold the price above the lower support, then the current consolidation is expected to extending, which may in turn extend the symmetrical pennant
- A bullish breakout, which is unlikely, may rise the price beyond $3 to reach $3.1
Crucial Support: $2.74 to $2.78
Crucial Resistance: $3.26 to $3.3
FIL on all time low prices FIL / USDT
Price finally visited the all time low price (99% drop from the top) , It also act as strong support on high time frame
Still not enough reasons to rush in market conditions like this , but here we started to keep our eye on it
The long red dotted trend line is act as very strong resistance If breakout done on high time frame this could be a first sign of reversal
FIL/USDTWe are now in range 1 or maybe 2 (not clear) and only time will tell which range we are in. Whenever we reach range number 3, it will be possible to climb.
FileCoin is currently one of the biggest drops in the last year and you just have to wait until it reaches the 3 range. It is now testing its 2019 support.
Don't miss opportunity for short position FILUSDThello guys
we have a very good opportunity for Filecoin short position
as you can see it's going to touch the lowest level of the channel and the lowest level of all time
all you need to know is in the chart
good luck
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Filecoin - front run or stay calm and wait for the opportunityThere are probably still some time left until we see daily MA50 and MA200 crossing. But be prepared - when cross comes...Filecoin gonna move fast. Look at the last time when Filecoin crossed the MA50. I think we are close to the bottom and I will start DCA into Filecoin - I will definitely not wait for Bitcoin 10K.
Filecoin vs Tether Hits New Low, What Now? (86% to 245% Rebound)FILUSDT (Filecoin) moved below support hitting a potential stop-loss hunt zone... After the break below support comes a strong rebound, bear volume on the drop is very low.
This tells us that a recovery is of high probability.
As you can see on the chart, the trading volume that's more prevalent is green.
The first potential target is a higher high compared to November but still a lower high compared August, and that for 86%.
The charts can always change so do your own research/build a plan before you decide to trade.
If the bulls decide to come in with full force, then a higher high, not as probable but still possible, can take FILUSDT as high as the 1.618 Fib. for 245%+.
The stop-loss and more information is mapped on the chart.
All the fib. levels as well, which can be used as targets.
Namaste.
Filecoin vs Bitcoin Targets (48% to 150% Potential Next High)Filecoin vs Bitcoin (FILBTC) gave us an early signal 27-November with a very high volume day, the highest since July.
Today this pair moves above EMA50, after a higher low with a strong RSI.
Using the Fib. extension tool we extracted the following targets, short- and mid-term.
The easy target is set at 48% around 0.00040180, followed by a higher high compared to August of up to 150%.
The higher high target price in Bitcoin would be around 0.00067988.
You can see the chart for additional details.
Namaste.
FIL rises in value to $4.38.Today's bullish Filecoin price analysis
$4.40 offers the greatest resistance.
FIL/USD support is indicated at $4.18.
According to Filecoin price research, the price of FIL/USD has been moving strongly upward during the past 24 hours. The cost has continued to rise dramatically and has come close to reaching the $4.18 level. The cryptocurrency appears to be moving upwards, but the market is moving in a favorable way. With a trading volume of $95,408,859, the price of FIL has increased by 3.63% during the past 24 hours as of today, November 29, 2022. Hence, having a live market capital of $1,433,268,246 and is ranked #31 in the cryptocurrency ranking.
Analysis of the 4-hour price of Filecoin: Recent developments
file coin Dailythere must be a sharp correction for 3.4 $ and a fast recovery . after that it seems we can expect a 3 month of correction in for 6.05 $ . i think this position will be triggered on 9 dec.
short position is not recommended . because there could a stop haunting for 5.2 $ even . you can only enter to the market on some specific dates .
FILUSD looks goodFILUSD is in a short-term uptrend.
If the price retest the support, it may be an opportunity to enter long position.
RSI still looks good for bulls therefore the price should increase more in a short term.
8 $ should be acting as a resistance so it´s the final target for this trade.
Good luck
💡Don't miss the great buy opportunity in FILUSD @protocollabsTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (5.70).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 68.
Take Profits:
TP1= @ 6.26
TP2= @ 6.48
TP3= @ 6.67
TP4= @ 6.98
TP5= @ 7.71
SL= Break below S2
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💡Don't miss the great buy opportunity in FILUSD @protocollabsTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (5.70).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. FILUSD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 69.
Take Profits:
TP1= @ 6.26
TP2= @ 6.48
TP3= @ 6.67
TP4= @ 6.98
TP5= @ 7.71
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
FIL/USDT - LONG ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Long)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.363 - 100.0% (149.878 USDT)
Take-Profit Orders:
1) 5.643 - 80.0%
2) 5.913 - 15.0%
3) 6.292 - 4.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)