FIL short-down FILUSDT Signal
🔹 Key Resistance Level: $3.35 – $3.50
🔹 Important Support Levels: $3.148 – $2.940 – $2.738
Analysis:
FIL price has been moving in an uptrend within a rising wedge pattern and has now reached the key resistance zone of $3.35 – $3.50. If this level is broken, followed by confirmation with a pullback, the uptrend is likely to continue. However, failure to break this resistance could lead to a price correction toward the mentioned support levels.
📌 Trading Strategy:
✅ Sell Entry after breaking the uptrend and confirming below $3.148
🎯 Targets: $2.940 – $2.738
🛑 Stop Loss: $3.30
⚠ Important Note: Risk management should not be ignored!
Filecoinusdt
Is Filecoin Dead? Is Filecoin Dead? 😵
The worlds first decentralized storage system that aims to “store humanity’s most important information.” Has seen a notable uptick of $237 as of 2021 but as of the time of writing, Filecoin is trading at $2.90.
After raising $205 million in an initial coin offering (ICO) in 2017, Filecoin was embraced by the public as the first decentralized storage platform but ever since the surge to an ATH (All time high) of $237, Filecoin drastically decreased in value losing about 90% of total value.
So is Filecoin dead? ☠️
The answer is a big NO. 😒
Filecoin is very much alive because it is open-source and decentralized, which means that all governance is in the hands of the community.
Which brings me to my recent post about community being the utility.
Filecoin understood the value and importance of the community that is why for over 7 years they have prioritized their community more than the token itself.
The only reason Filecoin isn’t performing well is the fact that the community have not realize Filecoin is governed by them ! 🤣
On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud.
Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds.
The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.
But then why do we need a decentralized storage system? 🤨
1️⃣ Data Ownership & Privacy: Unlike centralized storage, decentralized systems ensure you control your data. No big tech snooping or single-point failure risks! 🔒
2️⃣ Cost Efficiency: Decentralized networks use unused storage globally, making it cheaper and scalable compared to traditional providers. 💾
3️⃣ Resilience & Redundancy: With files spread across nodes worldwide, your data stays safe, even if some servers go down. 🌍
From the aforementioned points above, you will agree with me that Filecoin is here to stay with such intriguing and innovative features.
💎 We have always look forward to a project woven with utility, driven by the community. In my opinion until i change Filecoin offers both.
Technical outlook
As of the time of writing, the LSE:FIL coin is down 11%. This is, however, in tandem with the general crypto landscape. as we saw BTC dip to $91k and ETH to $2k. The general crypto landscape is in a bloodbath even as pro-crypto president Donald Trump is elected. For Filecoin, immediate support lies in the 1-month low; however, in the case of extreme selling pressure, the LSE:FIL coin might dip to as low as $2.114, a level that aligns with the 23.6% fib extension level. Similarly, if a trend reversal should occur, the pivot point lies in the 38.2% fib retracement tool. A breakout above that zone could result in a bullish run.
#FIL/USDT#FIL
The price is moving in a descending channel on the 1-hour frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 5.80
Entry price 6.02
First target 6.15
Second target 6.34
Third target 6.60
#FIL/USDT Ready to go higher#FIL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 4.70
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 4.87
First target 5.22
Second target 5.49
Third target 5.82
#FIL/USDT Ready to go higher#FIL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 5.80
We have a downtrend on the RSI indicator that is about to be broken, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 6.81
First target 7.20
Second target 7.84
Third target 8.40
#FIL/USDT Ready to take off upwards#FIL
The price is moving in a descending channel on the 1-hour frame and sticking to it well
We have a bounce from the lower limit of the descending channel, this support is at 5.20
We have a downtrend on the RSI indicator that is about to break, which supports the rise
We have a trend to stabilize above the moving average 100
Entry price 5.50
First target 5.55
Second target 5.99
Third target 6.20
FILUSDT - trying to breakout the major trendlinesuccessfull breakout for the falling wedge pattern ✅
now trying to breakout the massive trendline since more than 3years on the weekly chart
a successfull breakout will send it to 28$
fil didn't move yet ,, pay ur attention here👀
Best regards Ceciliones🎯
Filecoin update- everything is in chart and simple as always.
1. Wait for a trend breakout ( and wait for a weekly candle confirmation ).
2. Wait for a buy if back to bottom around 3$.
- Unload around 20$.
- if it breaks 20$-27$ and altseason starts.
- it's a free fly ticket to 120$.
- Your trade, Your Decision.
- Stay S4fe !
Happy Tr4Ding !
Filecoin’s Glif Protocol Announces 100 Million Token Airdrop In a groundbreaking development for the Filecoin ecosystem, Glif, the largest decentralized finance (DeFi) protocol on the Filecoin network, announced its upcoming native token, GLIF, alongside a substantial 100 million token airdrop. This strategic move sets the stage for Glif's expanding role within the Filecoin network, and it promises substantial rewards for its user base.
Glif’s Role and New Token Introduction
Glif operates as a liquid leasing platform within Filecoin ( LSE:FIL ), allowing FIL holders to generate rewards by lending their FIL to storage providers within the network. With over $124 million in total value locked (TVL) according to Filfox and DefiLlama, Glif has established itself as a critical DeFi component for Filecoin ( LSE:FIL ). The introduction of GLIF tokens will further strengthen its foundation by aligning governance and community growth.
Jonathan Schwartz, Glif’s founder and CEO, noted that the GLIF token is set to act as the first governance token for a protocol essential to Filecoin ( LSE:FIL ), much as Lido serves Ethereum and Jito serves Solana. This launch will empower users to actively participate in the protocol's evolution through GLIF’s decentralized autonomous organization (DAO) governance structure.
GLIF Token Airdrop Details and Allocation Structure
Of the one billion total GLIF tokens, 10%—equating to 100 million tokens—has been reserved for an airdrop to eligible GLIF points holders. The airdrop will distribute tokens on a 1:1 basis to users with at least one GLIF point, and recipients will have 25% of their airdrop tokens unlocked immediately. The remaining 75% will vest linearly over a 180-day period, reflecting Filecoin’s block reward vesting model. This structure enables holders to contribute to governance activities while maintaining longer-term incentives.
The larger GLIF token allocation is structured to support core contributors, ecosystem development, and investor interest, making up 29.35%, 20%, and 15.65% of the total token supply, respectively. Glif’s foundation for community growth extends beyond the initial airdrop, with an additional 250 million tokens reserved for future community efforts.
Technical Overview
At the time of this analysis, Filecoin’s native token, LSE:FIL , has shown an increase of 0.35%, trading within an ascending trend. With an RSI of 58, the token is well-supported within its current zone, providing a potential catalyst for a bullish breakout. The immediate resistance level is marked at $3.88; surpassing this threshold could fuel momentum, driving LSE:FIL towards $4, and potentially as high as $5 if the bullish reversal gains traction. Conversely, a fall below the current support zone could see LSE:FIL drop toward a one-month low of $3.20, representing a key level to watch for both short-term and long-term investors.
The potential impact of the GLIF airdrop could serve as an additional catalyst for LSE:FIL ’s price in the near term, aligning with the platform’s larger DeFi ecosystem. Glif’s deep integration with Filecoin positions the protocol as a key player in the decentralized storage network, fostering liquidity and offering additional income avenues for FIL holders through leasing.
The GLIF Foundation and Long-Term Governance Potential
To reinforce GLIF’s governance and ensure a decentralized approach, the GLIF Foundation has been formed as an ownerless entity representing the GLIF DAO. This foundation will empower GLIF token holders to make decisions about the protocol’s direction, community growth, and allocation distribution. The GLIF Foundation’s long-term strategy will be pivotal in sustaining the protocol’s value and fostering a cohesive ecosystem for developers, contributors, and community participants.
Looking Ahead
Backed by key investors like Multicoin Capital, Big Brain Holdings, and Protocol Labs, Glif has also attracted $4.5 million in seed funding earlier this year, reinforcing its commitment to expanding the Filecoin ecosystem. The anticipated airdrop and the GLIF Foundation aim to drive further engagement, incentivizing new and current users to participate in governance and broaden the utility of Filecoin as a robust DeFi network.
In summary, Glif’s airdrop and the introduction of its governance token mark a new era for Filecoin ( LSE:FIL ), as Glif aims to play a central role in defining the DeFi landscape on this decentralized storage platform. With a careful balance between immediate user rewards and long-term vesting incentives, Glif’s tokenomics reflect a forward-thinking approach that could pave the way for Filecoin’s continued success in the DeFi space.
#FIL/USDT#FIL
The price has broken the descending channel on the 1-day frame upwards and is expected to continue
We have a trend to stabilize above the 100 moving average again
We have a downtrend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 3.30
Entry price 3.53
First target 3.88
Second target 4.11
Third target 4.380
#FIL/USDT#FIL
The price is moving within a descending channel pattern on the 1-hour frame and is expected to rise after it has been largely committed to it
We have a downtrend on the RSI indicator that is expected to break upwards and we have a trend to stabilize above it
We have a major support level in green at a price of 4.00
We have a trend to stabilize above the moving average 100
Entry price 4.15
First target 4.32
Second target 4.46
Third target 4.64
Filecoin / FIL & FVMFilecoin rose sharply on Friday but why? The jump fueled social media excitement about the blockchain’s March 1 launch of its Filecoin Virtual Machine aka FVM, a software platform that will introduce smart contracts and enable developers to design decentralized applications on the Filecoin network.the coin’s price jumped from $5.4 at 10:00 UTC to a high of $8 at around 5 22:00 UTC.
Filecoin announced that it will launch smart contracts in Mar'23, making it a fully-fledged L1. FIL rose by 23% in 24 hours. There are currently 3,785 active miners on the Filecoin network, storing 18.767 EiB of information, and staking 134,023,969 FIL.
The price of FIL is $9.19 today with a 24hour trading volume of 1.2 billion dollar. This represents a 22% price increase in the last 24 hours and a 80% price increase in the past 7 days
FIL saw an increase in open interest rate, denoting increased demand and bullish sentiment in the futures market.
next targets for Fil are 9.5 and 9.9$ and stop loss at 8$
#FIL/USDT#FIL
The price of our channel is moving downward on a 12-hour frame, and it has been breached to the upside and is rising from the current levels.
We have a bounce from the lower border of the channel from the support area at 3.50
We have a tendency to stabilize above the Moving Average 100
We have an uptrend on the RSI indicator that is heading up
Entry price is 4.10
The first goal is 5.00
Second goal 5.66
Third goal 6.37
FIL: trade in low cycle📊This price action analysis is from the analysis team of Ahmadarz Academy.
🚦In the four-hour time frame, I found a trading range formed by a bullish reaction with good volume candles from the bottom of this trading range. $5 support and $6.70 resistance
🔛According to this trend, I see the market as bullish, and I even expect it to go above the support ceiling of $6,800. Currently, we consider the risk-to-reward to be 4, which is the ceiling of the current trading range.
💎Entry strategy:
To enter this trade, I tried to find the last trading range in the one-hour time frame and wait for it to break through the ceiling to give me confirmation of the ascent, and in the pullback, I try to check the first candlestick that confirmed my entry. and put a limit position on the same one in the upward direction.
Entry and exit signal:
⬅️Entry: $6,095
🔴Stop Loss: $5,955
🟢Targets: $6.217 - $6.376 - $6.525 - $6.686
⚠️Please note that this analysis is the opinion of the Ahmadarz Group team and is not an investment proposal, so follow the capital management because Ahmadarz Group is not responsible for your profits and losses.
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FIL: Approaching ResistanceTrade setup : Trends are mixed. Following a bearish breakout from Descending Triangle pattern, price has also broken below $6.00 key level and 200-day moving average, which could signal onset of a downtrend. Price could revisit $4.50 support.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Neutral, Medium-term trend is Strong Down and Long-term trend is Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
Filecoin FIL price will be able to restore its former greatness?Filecoin is "a dinosaur project" in the cryptocurrency market.
And although the project is fundamentally strong and necessary for the development of not only the crypto market, the price of TSX:FIL still cannot get off its knees.
We hope that buyers of #FILUSDT will not allow the price to fall below $5.70-6.
This zone should be considered as a buying zone for medium- and long-term investments.
Of course, if you believe in the prospects of #Filecoin and the possibility of FIL price rising to at least $23
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FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 9.70
🛑Stop Loss: 9.42
🎯Take Profit: 9.97 - 10.25
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