ichimoku trade : short positionbreaking the cloud + under 26 last candles(with buffer)
sell position at 113$
stop loss : kijunsen with buffer
Filecoin
FIL 12h Correction took place, where will next move?Another 1.5 months have passed since the publication of the previous idea for the FILUSDT trading pair
The previous idea worked completely.
And those who have listened to our idea and risked placing buckets for purchases in the $90-95 zone can already fix +30% profit.
Future expectations:
1) If the descent of the FILUSD price to the $95-100 zone is smooth, then further growth to $177-180 can be expected
2) If BTC continues to fall and the alts believe it and will begin to fall even more, and the FIL price fixes below $85 , then you will need to place new buckets for buying in the $50-54 zone
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
FIL 12h Good growth, maybe it's time for a correction?)1.5 months have passed since the publication of our previous idea on FILUSDT
When we published this idea with a 300% growth forecast and a maximum target of $110 , we thought there were many skeptics)
But FILUSDT surpassed our forecast by another x2, reaching 200+$
Now we are on the alert that the FIL can go to the big correction and this is not an April Fool's joke.
Corrective fall of the FILUSD price from the $232-237 zone into the first strong liquid zone below $90-95 is very likely.
If you believe that the growth of the Filecoin project token cannot be stopped, then the chart shows the levels above for you.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
FIL Elliot Wave CountFill seems to be finishing Wave 4 in the form of a triangular ABCDE correction. this one is nice, since a Long here would only require a SL of 6.2% to invalidate the whole setup...
Filecoin potentail swing trade set-upGood day fellow trader,
Filecoin might be getting ready for a shift in momentum. We are at the low of the larger range, healthy correction 61.8. Close to support which gives a good risk-reward set-up.
Buy up to $142
SL $119
The rest of the targets on the chart is mid-long term chart. There are interesting levels in between for profit-taking. Move SL once in profit as per usual.
Monitor the daily chart for more confirmation, at the moment it's still not looking like a reversal. We are assuming the position might cause that in the upcoming days.
Former high is almost $100 away. Which is already a substantial profit move if it happens.
This is not Financial advice,
Good luck to you all
FILECOIN $10 billion market cap - undervalued?personally regardless what the technicals tell us, this baby is undervalued sitting at under $10 market cap this thing can easily run to 300-1,000 currently where it sits.. $1000 price puts this puppy at $70 billion market cap... compare that to some of the other contenders and you should get the feeling this thing is undervalued. to me personally its one of my favorite crypto projects.
from technical view.. price could stabilize in this region but has room to come down $90 filecoin I don't think is completely out of the question and as I've hinted I believe this is some what of a sleeping giant.
Filecoin Analyze!!!I hope that you could take profit from this market that you are seeing now :) .
I want to publish an idea bout Filecoin today.
Location: Probably we are on the start way of the Main wave 5 , We have to try to find the End of Main wave 5.
The End of it can be around our clusters that you are seeing on FILUSDT Chart , even I tried to find TRZ (Time Reversal Zone) zone on our chart.
Cluster 1 : 191$ - 194$ (AB=CD Bearish harmonic pattern)
Cluster 2: 208$ - 213$ (Fibonacci's Cluster)
Cluster 3 : 225$ - 228$ (Bearish Shark Pattern & Resistance's cluster)
Cluster 4 : 232$ - 235$ (Bearish Shark Pattern & Resistance's cluster)
Please Pay attention to pitchfork Lines & Fibonacci channel )
My Suggestion: you can Find the best Triggers for open Long positions.
You can find information about Swipe on coinmarketcap.com
Do not forget to put Stop loss for your positions (For every position that you want to open).
Please follow your strategy , this is just my idea, and I will be glad to see your ideas on this post.
Please do not forget 'like' button :) & Share it with your friends, Thanks and Trade safe.
Good luck
Filecoin approaching breakout pointFILUSDT has almost completed a triangle (3-3-3-3-3) corrective pattern. A continuation of the prior uptrend is likely following a breakout of this descending triangle.
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 to $175 and beyondTruthfully, this analysis is simple price action. Filecoin has an amazing future ahead so this $175 is just short term analysis.
Long Reversal Ahead. Entry NOT confirmed (DYOR!) , we are looking for a breakout from the SUPPORT level. If we drop below
support bitcoin will have to step in. I would wait a bit more before placing a long order on a confirmed breakout candle. Good luck traders & appreciate any support.
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.
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(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.
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(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.
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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.
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** 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)
Trading idea for FILUSDTFIL may have a chance for another ATH in the mid to long term. Do not forget to take profits and do not ignore placing stop loss order.
FILECOIN : BUY THE DIPSGreeting from IRAN to whole trading community
FILECOIN has managed to make a new ATH in early April
After that it started a retracement move through a descending channel
We saw a fake channel breakout but price came back to the channel immediately
After some days of straggling , price could breakout its descending channel and started a new uptrend (Dotted Red Line)
First TP would be 200$ and if price could breakout this level , FILECOIN will attack to its ATH to make a new one
So let see what happen next
OP : 160$
TP1 : 199$
SL : 139$
KEEP IT SIMPLE :)
Is FIL about to take off from Base 3?Not an expert. Not financial advice.
Still learning & have never used this indicator before, but it looks like it’s been pretty accurate recently.
Is this analysis accurate?
