Filecoin - No Danger No glory.
- Filecoin lost -98% from his ATH.
- ICO managed to get 200M$ in 2017, VCs dropped a lot and made so much benefits in 2021.
- When whales will be tired and start to rebuy, the bounce could be very aggressive.
- This project is huge and was listed in all Top Exchanges ( Coinbase, Binance, Kraken, Cryptocom, etc )
What Is Filecoin (FIL)?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017.
Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization.
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Trading Zones
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- Buy : 4.50$ (Buy a bit)
- Rebuy : 2.50$ (Fire Buy)
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TP1 : 25$ (security TP)
TP2 : 120$
TP3 : 230$ (ATH)
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Happy Tr4Ding !
Filecoinanalysis
FILUSDT IdeaFile Coin vs Tether | FILUSD | FILUSDT
✅ ✅ Risk warning, disclaimer: the above is a personal market judgment and analysis based on published information and historical chart data on The trading view,
And only some of these analyzes are my actual real trades.
I hope Traders consider I am Not responsible for your trades and investment decision.
FILECOIN Analysis and Trade Idea💸 #Analysis #Trade 💸
📊 #4H
📝Leverage: 3x-5X
LONG #FILUSDT from 7.45$ to 8.045. stop-loss 7.25$
15m TF. The price has broken the long consolidation where the loading of huge players took place. The price has broken the structure and the market profile level will be protected as the price reaches it again. Waiting for the price to enter the zone. It is expected that the pullback occurs from 7.6. Be careful, the loading zone is about 5%
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📗Order Type: Buy Limit (Not Active Yet)
🟡Ep 1=8.045$
🟡Ep 2=7.45$
⛔️Stop>$7.25
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📕Order Type: Sell Limit
🟡Ep 1=12.5$
🟡Ep 2=15.70$
⛔️Stop> 16.70$
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📊Powered By Smart Money Concept+Volume profile
🆚Risk/Reward Ratio:10
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👤 Analysis By Hyperion Trader
📅 2.19.2023
📫Get Free Access to Premium «Analysis + Trading Signals»
Filecoin Play Wisely- Everything is in graph.
- Always follow TheKing movements first.
- Setup a retracement zone to rebuy.
- Setup a breakout buying zone.
- Don't stay always in markets, you are in danger when you are in active trading mode.
- There's some momentums to trade and sometimes there's nothing to trade.
- Sometimes better not trade and just watch.
- Use price action only.
- Setup your own SL RR.
- Don't be greedy.
- Keep everything simple as possible.
Happy Tr4Ding !
Filecoin FIL price goes up against the market trendWhile almost the entire cryptocurrency market has entered a correction phase, FIL buyers decided that this was the perfect time to provoke a price increase) Who are we to contradict them?)
Given the good and complete development of the previous idea, it is worth updating our thoughts on the possible future price of the Filecoin token
Looking at the chart, we see two targets for growth: roughly speaking, $7 and $10 , and the two have a real chance to be reaching in the near future.
If you are a medium- or long-term investor who believes in the prospects of the Filecoin project, then the following advice is for you: the closer the price is to $5, the larger your FIL buy orders should be. After all, looking at the global chart, the prospects for FILUSD price growth are at least x10.
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Filecoin (FIL) coin formed bullish Shark for upto 11.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with US Dollar pair.
Previously we caught a nice trade of FIL as below:
Now on a 4-hr time frame, FIL has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FILECOIN the last chance (bottom) and the range market Hello 🐋
Based on the chart, the price is close to the major support (bottom) or better to say the previous zone that started its amazing pump to the upside ✔️
we
expect to see gain besides the range market is acceptable scenario too 📖💡🚀
and
if the price break the rang area to the upside, we will see more gain 🚀
👌 Notice: pay attention to the price on shortcut chart (located above the main chart with black colour) 📖💡
Please, feel free to share your point of view, write it in the comments below, thanks 🐋
Filecoin FIL price "more dead than alive", what next ?Two months ago, we made the idea of FILUSDT, where we wrote that the price was at a critical point near $5.
Unfortunately, the fall in the cryptocurrency market continued, and the FIL price reached the target of $3
Moreover, the price of Filecoin token on 16.12.22 updated its absolute price minimum - $2.42
What do you think caused a -40% drop in the FILUSD price in just 15 minutes on 16.12.22, write in comment?
The most positive scenario at this moment for FILUSDT is consolidation around $3 with further growth to $5
It will be unrealistic to break above this level the first time.
If you believe in this project, the price of current purchases is close to the minimum.
A similar situation on the FILUSDT chart was in December 2018, but there is a nuance, then the BTCUSDT price "trampled" the bottom around $3200, and now Bitcoin is 5 times more expensive (Fil unfortunately not...)
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Which Filecoin FIL price do you prefer $3 or $26?Here is the longest trading history of FILUSDT that was found on tradingview.
Here is a weekly chart and if you really want to, you can see that the price of Filecoin is moving well from one liquid level to another.
Now the consolidation is very tight and, accordingly, one of two scenarios will soon begin:
1. Working off the double bottom and, accordingly, a long growth to $11 and $15. The global target for this pattern is Fil = $26
2. If the entire crypto market continues to fall and updates the lows of recent years, the price of FILUSD can easily fall into the range of $2.84-3.34
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FILUSDT 1D Our FIL Long-term trade from $5,16 to $42,50We are not implying anything, but it seems that the price of FILUSDT may repeat the white fractal movement.
Where to enter the long of FILUSD and whether to enter the long is up to you, of course. We bought FIL at $5.16 on a deposit with a long-term trading strategy, that is why, we will keep long until at least $42.50
Currently, looking at the chart, there is still a chance that the Filecoin price will fall to the area of $7.25-7.50 and from here there is a continuous movement to $42.50
Well, of course, if the fractal does not deceive us, but that is a completely different story)
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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 :)
Probable movement for FILUSDT in daily TFIn the daily TF, the probable movement of chart is as shown, the supply area is also shown.
I think the double bottom is probable but consider the lower TF movement and the market movement.
THIS IS NOT AN INVESTMENT ADVICE.
DO THE RISK ON YOUR OWN.
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6761
FIL (Filecoin) Analysis 12/03/2021we had earlier analyzed this Coin and Capitalized on it so we are updating it with new TPs
Fundamentals:
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.
Decentralized storage systems like Filecoin allow people to be their own custodians of their data, as well as makes the web more accessible to people worldwide. Since participating in the Filecoin network by mining and storing is directly related to winning more block rewards, Filecoin incentives participants to act honestly and store as much data as possible
Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University. After founding Protocol Labs in May 2014, he attended Y Combinator in the summer of 2014 with the intention of supporting both IPFS and Filecoin, as well as other projects.
Technical Analysis:
as you have seen the coin had done its incubation process, followed by Accumulation Phase and now is on its UP Move.
there are total of 3 Targets defined by the Fibonacci Projection, where as we get our confirmation of the 3 TP, if 2 TP gets triggered by a strong impulsive wave followed by some retracement and price correction or distribution.
but ultimately all these targets are very much feasible
FIL is reaching ₿ottom soon - We are approaching the stage where accumulation prices start to get interesting.
- After an 87% drop from ATH, it doesn't make sense for it to be a distri₿ution.
- The main trend line is overcome, we can see that this is not an impulsive dump ₿ut a slow decline.
- Wave C may take some time to reach the very ₿ottom, after which I would expect a sideways move with HH & HL
-Please leave a comment ₿elow the chart with your opinion on the matter. Thank you :)