$FILUSDT: Breaking Free After 2-Year Consolidation!!$Filecoin ( BINANCE:FILUSDT ) has finally awakened after a prolonged 2-year consolidation in its key support zone. This decentralized storage coin, with strong fundamentals and promising long-term potential, has now broken out of its local resistance, signaling a potential trend reversal.
Currently, FIL is down 97% from its previous all-time high, offering a compelling risk-to-reward ratio for traders and investors.Trade cautiously and ensure proper risk management as the market regains interest in FIL!
BINANCE:FILUSDT Currently trading at $5.25
Buy level: Above $4.77
Stop loss: Below $3.255
TP1: $8
TP2: $11
TP3: $25
TP4: $40
Max Leverage 3x
Always keep Stop loss
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FILUSD
FILUSDT - maybe u will be rich if u buy this coin!Do u remember FIL in 2021 and this 10X?
in 2021 Fil rose from 20$ to 238$ more than 10X
i remmeber very well that people are waiting for any correction to buy FIL... they bought it in 50$, 70$ and 200 with all optimism... FIL now is 4.7$ and no one is interested.. even if it's in a real bottom... begginers will buy it in FOMO and make big losses
FIL now in wyckoff accumulation pattern and it's target is 40$ from here and i show it with price action projection
remember my analysis u will thank me later
Best regards Ceciliones🎯
Potential invh&s on filecoin daily chartNot guarantee this plays out and usually nor wise to chase an inv h&s trade until the right should completes on the neckline, but considering the crypto market appears to be resuming its uptrend soon it does greatly increase the probabilities of this playing out so it’s worth keeping an eye on imo. *not financial advice*
FILECOIN -The accumulation is almost overMy favorite coin right now is FIL, for several reasons, the first is that the risk reward in this case is really exceptional considering the historical support very close and the last important point where the course has been reversed to about a 50X from here, the second fundamental factor is Grayscale which has not one but two funds dedicated to FIL, the first is a single-asset fund and the second has just been created and is called Decentralized AI Fund where Filecoin is the most important holding (more than 30%). That said, we have a coin with incredible potential that is great from both a technical analysis and fundamental analysis perspective
#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
Filecoin on the Verge of a Breakout or Breakdown? Don’t MissYello, Paradisers! Are you prepared to seize the next big opportunity in #FILUSDT? We've been laser-focused on #FILECOIN as it navigates this critical juncture, and now is the moment to determine whether the bulls are ready to charge or if the bears will take over. Here's what you need to know:
💎Currently, FILUSDT is showing promising signs of a bullish continuation from the demand zone around $3.500. The falling wedge formation we've been tracking has broken to the upside, and momentum is building within this crucial area. Should this momentum persist, we could be on the brink of a significant bullish surge.
💎However, for this scenario to unfold, #FIL must break above the minor resistance level at $4.752. A successful breach could trigger a notable rally, with our sights set on the next major resistance zone.
💎But remember, caution is key. If the momentum weakens and FILUSDT dips below the demand zone, we could see a pullback towards the lower support range between $3.165 and $2.915. A continued decline, especially a daily close below this lower support area, would invalidate the bullish outlook and might set the stage for further downward moves.
💎Paradisers, now is the time to stay alert and prepared. Whether the bulls or bears take control, we are ready to capitalize on the opportunity. Remember, in volatile markets, only those who remain patient, disciplined, and strategic will thrive.
Stay focused, trade smart, and let’s make sure we’re on the winning side of this move!
MyCryptoParadise
iFeel the success🌴
Crypto Analysis, Xinyi and ABCL UpdateMost crypto coins are showing good bullish setups which I will use to add to my positions. Xinyi still has room to add to a long position. ABCL stock that I have recommended before is not showing any positive signals so I won't add but at the same time I won't close my position.
Disclaimer: Not a financial advice. Do your own analysis
FILUSDT: Price Ranging Inside the BoxFILUSDT technical analysis update
FIL's price has been ranging within a box for the last 825 days, repeatedly testing both the support and resistance levels of the box. Recently, the price touched the box support again and is now slowly bouncing from it. We can expect a bullish move from the current support level.
The price could potentially increase by 500%-1000% from the current level, making it a good time to accumulate some FIL.
Regards
hexa
#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
#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 will see bottom before moving up#FIL/USDT #Analysis
Description
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+ After a recent bounce, the price is again heading towards the support zone. We will enter a long trade only after the price rebounds from this zone.
+ This will provide ample confirmation that the price is moving in the right direction.
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VectorAlgo Trade Details
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Entry Price: 4.384 - Candle close above this
Stop Loss: 2.233
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Target 1: 6.207
Target 2: 8.386
Target 3: 10.983
Target 4: 19.638
Target 5: 33.338
Target 6: 66.76
Target 7: 113.00
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Timeframe: 1W
Capital Risk: 1-2% of trading amount
Leverage: 5-10x
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Enhance, Trade, Grow
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Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.
Best Regards,
VectorAlgo
Short position on $FIL/$USDT Pair: FILUSDT_SHORT
Date and time: 2024-07-11
Direction: SHORT
.............................................
Total Balance: 2000 $
Margin: 100.0 $
Max Loss on this Position: 50.0 $
Leverage: 6 X
Fee that considered in this PNL Calculation: 0.08%
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Entry Point: 4.43 $
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<< STOP LOSS >>
Stop Loss set on this price: 4.784 $
When stop occured you loss (-47.945823928 $).
or you loss (-47.945823928 %) of the position' margin.
.............................................
<< TARGETS >>
We have 6 targets in the position.
Target Point(1): 4.163333333 $.
Percent of profit at the 1th target is: 36.11738149 %.
At the 1th target your gian is: 6.019563582 $.
Target Point(2): 3.896666667 $.
Percent of profit at the 2th target is: 72.23476298 %.
At the 2th target your gian is: 12.039127163 $.
Target Point(3): 3.63 $.
Percent of profit at the 3th target is: 108.35214447 %.
At the 3th target your gian is: 18.058690745 $.
Target Point(4): 3.363333333 $.
Percent of profit at the 4th target is: 144.469525959 %.
At the 4th target your gian is: 24.078254327 $.
Target Point(5): 3.096666667 $.
Percent of profit at the 5th target is: 180.586907449 %.
At the 5th target your gian is: 30.097817908 $.
Target Point(6): 2.83 $.
Percent of profit at the 6th target is: 216.704288939 %.
At the 6th target your gian is: 36.11738149 $.
Total gian is: 126.410835215 $.
Total gian percent of the position's margin: 126.410835215 %.
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<< Position Managment >>
Close 16.667% of the margin when reach TP1.
Close 16.667% of the margin when reach TP2 and move SL to EP.
Close 16.667% of the margin when reach TP3 and move SL to TP1.
Close 16.667% of the margin when reach TP4 and move SL to TP2.
Close 16.667% of the margin when reach TP5 and move SL to TP3.
Close the remainder margin when reach TP6.
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<< Risk/Reward Ratio >>
Total R3: 2.63653484
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<< Result >>
Result:
FIL analysis (1D)It seems that the correction formed for FIL is a symmetrical one, which seems to be wave i, which is the last wave of this pattern, will end in the green range.
In the green range, you can look for buy/long positions.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Filecoin FIL price, when will you come to life?)Such a dinosaur of the crypto market as #Filecoin, with the fundamentals and functionality that not only the crypto world but humanity as a whole needs, somehow looks extremely underestimated.
Or maybe we don't understand something and the project is dead ❓)
I would like to believe that this long accumulation of #FILUSDT in the range of $3-10 will eventually give a powerful upward move.
At least to make #Fil worth $35, not even $235 like on ATH)
By the way, a similar situation and accumulation was previously seen on the #LinkUSDT chart, check out how it worked 👇