Filecoin rejected AGAIN - 80% crash imminentFilecoin rejected AGAIN - 80% crash imminent.
When a coin such extreme weakness in extreme bull market, it is very bad sign and it makes it much likelier that the coin will crash severely, ruining every bull in the process.
Filecoin is a great example of an extremely weak coin. It was $230 and now barely $5. Buying this coin make no sense, it's going to $1.
Filecoin
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS.
While most other DePIN projects have pumped, Filecoin has failed to do so.
It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance.
It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction.
If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!).
Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000.
I expect another 80% dump for Filecoin!
WARNING: Imminent Filecoin CRASH! $0.10 is nextWARNING: Imminent Filecoin CRASH! $0.10 is next
One of the WORST charts in the entire history of cryptocurrencies and assets in general. This SHITCOIN was $230 and is currently trading below $5.51 and has extreme trouble overcoming a MINOR resistance while the shittiest of shitcoins have seen 1000% rise in the past week alone. Filecoin being such extremely weak in an extremely bullish market is a HUGE WARNING SIGN. I am sorry, but if you bought this coin above $15, you will never even break-even, let alone make a profit. Even if bitcoin goes to $1,000,000, I highly doubt filecoin will be over $15.
Big SHITCOIN. Avoid!!
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
Filecoin is a Shitcoin and Will Drop MassivelyIs Filecoin a scam shitcoin?
Showing massive weakness while the rest of the market is going berserk.
Reason:
When during a massive, market-wide bull market everything pumps massively but your asset in the same category does not, it means you're holding a garbage asset that will continue to underperform for the duration of the bull cycle.
Many coins in the same category as filecoin, such as helium and pocket network, have done 400% - 1000% in recent weeks, while filecoin is struggeling with an age-old resistance. If filecoin does not break out within the next 24 hours, you can rest assured it will be the shittiest coin to hold for the next year!
Filecoin Fast Play- All in graphic
- Short time Trading with Price Action.
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Trading Parts
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Don't buy now !
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Method 1 : if Filecoin retrace
- Buy Around 3$
- Sell Before 6$
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Method 2 : if Filecoin Breakout
- Buy After 6$
- Sell Before 9$
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- Easy Right ?
- i repeat again : DO NOT BUY NOW.
Happy Tr4Ding !
Filecoin Double Top: $0.50 nextFilecoin has proved itself to be a shitcoin. Every DePIN coin has pumped massively, but Filecoin has been left behind. This is a very bad sign. The daily chart shows a double top pattern. I think Filecoin will drop 90% and go below $1 soon. It's quite sad because some people bought this coin for $200 or higher. They basically lost 100% of their investment with no chance of recouping even 5% of it.
#FIL/USDT#FIL
The price has been moving in a downward channel since last April
The downtrend for that channel was broken at $3
It is the same strong support area
The price has gained nearly 200% so far
Supported by oversold on MACD
It is supported by the moving average 100 break of 1 D Frame
Current price 5.5 $
First goal 7.06 $
Second goal 9.11 $
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
FIL/USD Poised for Upward Movement Post-OB Rejection? 👀 🚀💎 Paradisers, focus on #FILUSDT as it displays a promising trading pattern. After experiencing rejection from a bearish Order Block (OB), it is now regaining upward momentum, indicating a strong likelihood of an upward movement following a successful breakthrough above the OB level.
💎Delving into #FILECOIN past market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then initiating an upward trend. Recently, after encountering resistance at the Bearish OB level of $5.755,#FIL retraced to a support level where it previously exhibited a Market Structure Shift (MSS). It’s now showing signs of regaining upward momentum to challenge the substantial supply level above at $9.168.
💎 However, in the ever-changing landscape of cryptocurrency trading, it’s essential to prepare for various possibilities. If #FIL struggles to sustain its current upward trajectory, attention should shift to potential bullish continuity from the support level of $4.228. A descent below this pivotal level might suggest a more significant downward trend. 🌴💰
FILUSDT Forms Spectacularly Bullish PatterAfter Nearly Two Months of Patient Accumulation, BINANCE:FILUSDT Shatters Consolidation Structure, Piercing the 100-Day Trend Line!
Anticipating a Bullish Pullback to the Demand Zone:
Alternatively, We Can Anticipate a Bullish Surge Following a Brief Consolidation:
whether you agree or have your own insights, share in the comments.
SasanSeifi 💁♂ FIL/USDT DAILY ⏩ $4.30 / $4.50
In the daily time frame, as you can see, the price has experienced growth, moving from the demand zone and breaking through the $3.50 resistance, reaching the price range of $4. Currently, it seems like the price is in the process of completing a pullback.
What we can expect is that, after gathering liquidity and with a confirmed confirmation, the price may grow from the liquidity void area back to the $4 price range, as indicated in the image above. The significant support levels in the daily time frame are $3.50 and $3.
🔵Remember, always conduct your own analysis and consider other factors before
making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
15-Minute Technical Analysis of FilecoinWe can observe a 15-minute demand area that shows promising confluence with a trend line. If the price manages to hold this zone, we can anticipate the continuation of the uptrend. However, it's essential to keep in mind that if this area is breached, a reversal in the 15-minute timeframe may be expected.
FIL/USDT potential move? 👀 🚀 FIL Today Analysis💎 Paradisers, gear up for a promising prospect with FILUSDT as it firmly anchors to a crucial support, signaling a potential bullish shift.
💎 In our past assessments, FILUSDT displayed a pattern of descending channel movement. However, post its breakout, it embarked on an upward trajectory, only to face rejection from the overhead supply.
💎 Currently, it's revisiting the descending channel, which intriguingly now serves as a support. Our analysis suggests a strong likelihood of the price challenging the supply zone once again in the upcoming sessions.
💎 On the flip side, should FILUSDT fail to sustain its momentum above the support and breach it, brace for a notable downward movement.
💎 Remember to employ prudent trading strategies and use proper stop-loss measures! Stay alert to market movements and look forward to more insights
FILUSD working on a potential inverse head & shoulders breakout.First candle above the neckline is rarely the candle that confirms the breakout, but if we can get the current candle to close above the neckline as well as 1-4 more candles the probability of a breakout increases quite a bit with each additional candle close. For now w are still working on even getting our first candle close above the neckline but it does look promising. *not financial advice*
Zcash Kraken Perpetual Futures Pump Cycle HopeBrave, Electric Coin Co. (ECC), and Filecoin Foundation announced they have partnered to bring new innovations to the Brave ecosystem.
Brave revealed plans to integrate the Zcash protocol into its built-in crypto wallet following support from ECC.
The trio will also work together to roll out a new, privacy-based messaging feature on the browser.
Following efforts to further enhance its privacy schemes, Brave, a blockchain-based browser has announced a partnership with Electric Coin Co. (ECC), and Filecoin Foundation.
According to the announcement, the partners will work together to create cutting-edge innovations targeted at bringing new privacy features to the Brave browser and its integrated Web3 wallet.
ECC Empowers Brave to Integrate Zcash Protocol
As the platform behind Zcash, ECC's partnership with Brave will see the latter incorporating the Zcash protocol into its built-in crypto wallet.
Will the Filecoin exchange rate start soon? FIL/USDFor me, I really like this setup on the FIL chart. I think we should see a price action within a few days, just like the OG I shared earlier.
We can see divergences on both the FIL/USD and FIL/BTC charts.
With a huge space up. And FIL has been very oversold for quite some time now.
In addition, new partners appeared, to which the exchange rate has not yet reacted.
This trading is not investment advice. Weigh your options. Do your research on this.
I think it's a good setup. And this is an unmissable opportunity.
Which can spoil things if bitcoin suddenly goes down. (But now, in the short term, I think that the price movement of bitcoin will allow the price action to go up.)
I see the exchange rate as a time bomb that is about to explode.
We'll see.
Be careful