FILUSD
I'm back at TradingView, with FileCoin 👋Hey folks I'm back with a good and quick analysis.
FileCoin is in a good situation for investors. I repeat investors not traders. Because it's gonna have its ups and downs but good TA position and great FA.
So by managing our bag, we can take some profit by holding it in two steps.
You have every detail you need on the chart so check it out.
I wanted to add something more to this idea:
We're in the bloody September so be patient and let's skip this month and wait for October 'till end of the year for a lot of exciting journey..
And by the way, I like to see your opinion about the analysis and any question you got, so feel free to leave them in the comment section. And if you find this analysis useful share it with your friend so they can take benefits from it.
$FIL may retest the previous high. I saw some people wondering about FIL.
Very interesting chart, so here's my personal trade setup for it.
First of all, the 3 purple ranges are strong support levels which may cause impulses there.
Hence, here's what I will do, but it's a risk with a potential of 80-120% profits for the mid-term and may double your investment.
I think FIL will retest the high!
It broke out of another descneding channel and it now going through major resistance, however, I do believe it may drop down further which is why I have 3 entry points.
Stop loss is far, but you can get out of it if you wish to DCA further on that level and wait for a further rise to get out at breakeven at worse case scenario.
Risky trade, I wouldn't use a big capital on FIL because it's giving me bear market behavior.
However, the volume is showing an accumulation stage, which is where the smart money may come in.
✴️ FIL/USDTWe had fantastic gains on the last FILUSDT trade with excellent precision. This time FIL has created higher highs and higher lows for quite some time on the 4hr charts. The lower MMR band has also turned from resistance to solid support. I expect this pair to retest the top of the MMR sell band at 66.50, followed by resistances at 69.30 and 76.80.
FILUSDT , Did you buy ???Hello everybody
We are update our analysis today for you traders
According to our last analysis the price is about 65$ and we shown on chart that the price can come to our buy zone and in there we should buy and wait until the target reach , and exactly the price movement come to our buy zone area and activated our buy zone and now we should wait for our target
You can buy more and buy if you re not in buy position until now we have time to buy
Previous analysis :
Dont forget stop loss and attention to money management
Good Luck
Abtin
📰 FIL- Symmetrical triangle bottomThe price is currently bottoming inside of a symmetrical triangle formation. This could be an opportunity to get some for mid/long term trade (there's strong resistance ahead so we can assume it's gonna take time to see some nice profits)
Entry: buy at current price down to 53.80
Long term targets:
TP1: 66.30
TP2: 80.52
TP3: 97.30
TP4: 121.30
TP5: 194.38
TP6: 240.54 (~320%)
TP7: OPEN++
>> !! Remember about risk management, DYOR and trade responsibly !! <<
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About 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, 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.
Source: coinmarketcap
BULLISH - FIL (BIG PICTURE CHART)Here is the big picture for FIL I was talking about. We have the smaller falling wedge on the daily chart getting ready to break to the top trend line of the weekly symmetrical triangle(About 90). But I don't think the move would stop there and would go to 120 ATLEAST before having a correction. After the correction, I would expect the trend to pick back up to take us to around 300 from the symmetrical triangle breakout.
BULLISH - FILFIl looks pretty amazing. Nice falling wedge on declining volume. Its going to break up to 120 soon it here on the daily. in the weekly BIG PICTURE(I will post this later), it looks like a giant symmetrical triangle formation getting ready to bounce to test the upper trend line of the pattern(around 90). When it breaks out of the big picture triangle, we will break to the previous high(240) Or to 301
FIL - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
FIL is approaching a support zone so we will be looking for buy setups on lower timeframes.
on H4: FIL is forming a trendline but it is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated, FIL would be overall bearish can still trade lower till the green support.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Filecoin (FIL) - October 25Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(FILUSD 1W Chart) - Medium to Long-Term Perspective
Above the 47.149096 point: the uptrend expected to continue
(1D chart)
First resistance section: near point 89.435032
Second resistance section 156.373900-164.040019
Support section: 47.149096-53.975726
To continue the uptrend, you need to break out of the downtrend line.
As a result, the price should rise above the first resistance zone to maintain the price.
If it falls from the support zone, there is a possibility of entering the mid- to long-term investment zone, so careful trading is required.
However, it may touch the uptrend line and move up, so you should think about how to respond.
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(FILBTC 1W Chart) - Mid- to long-term perspective
Above 0.001544 point: expected to create a new wave
(1D chart)
It is important to be able to rise above the 0.001211-0.001437 division.
As it fell from the 0.001211 point, it is entering the mid- to long-term investment zone.
To convert into an uptrend, the price must rise above the 0.001211-0.001437 section to maintain the price.
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We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not yet been released.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, 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 disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
MY NOT SO MINIMALIST ANALYSIS (Version 2) FOR FILECOIN $FIL
10.24.21
0829H +8 SINGAPORE
ALERT: MARKED ENTRIES and EXITS FOR A SWING TRADE
LOWERED CLUSTERED TARGETS
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY traders like me.) Though you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators. The MINOR and MAJOR BOXES (TOPs and BOTTOMs), together with
the market's price action and the above mentioned is sufficient enough as analysis when ENTERING AND EXITING TRADES.
Thank You for your appreciation and support (Follows, Comments, and Likes.)
DISCLAIMER:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
Filecoin bias bullish after it break the descending trendlineExcellent risk and reward ratio with this pair after it break the descending trendline indicating bullish momentum.
MY MINIMALIST ANALYSIS FOR FILECOIN $FIL
10.23.21
0739H +8 SINGAPORE
ALERT: MARKED ENTRIES and EXITS FOR A SWING TRADE
HOW TO USE MY CHART
It is designed for SWING TRADES at the BOTTOM. I do not SHORT (in support of all the DUMB-MONEY traders like me.) Though you can still use it.
Created on a WEEKLY & DAILY Analysis of Dynamics of the Market.
LARGE BOXES are major pivots that will occur, while the small boxes are MINOR PIVOTS. These can be entries to a BUY/ SELL POSITION or an EXIT/PARTIAL EXIT/TOP-UP AREAS.
Watch out for Chart Patterns, Candlestick Math, Market Dynamics, and your Fibs.
This CHART is best used without indicators. The MINOR and MAJOR BOXES (TOPs and BOTTOMs), together with
the market's price action and the above mentioned is sufficient enough as analysis when ENTERING AND EXITING TRADES.
Thank You for your appreciation and support (Follows, Comments, and Likes.)
DISCLAIMER:
The findings of the following analysis are the sole opinions of the publisher of this idea and should not be taken as investment advice.
FIL - is this a good time to buy ❓❓Many have asked for technical analysis of the FIL coin.
Before the breakdown of the trend line, there was a very nice picture. Squeeze + movement in small bars, and eventually a breakdown of the level. Now a bad risk to profit ratio and therefore not the best time to buy. The price could go up or come back and test the trend line as support. If the price tests the trend line as support, it might be a good buying opportunity. It is also worth noting that the volume is up now.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.
FILUSDT , We are near buy zone area ...Hello everyone
According to our last previous , that the market is fall down until here , and we have powerful trendline that we shown on chart and in there we have buy zone area for long position and spot trader to take some FIL until wait until the target reach
Our last analysis stop loss was activated and now we are showing new zone to buy FIL
Hey guys , 3 point :
1st , Dont forget use stop loss ( SL )
2nd , check the chart in multi-time frame
3rd , at first take signal then take position and buy or sell something
Follow and share us
Good Luck
Abtin
Fil It. Chart by CryptoKneeLooking pretty! Pretty good for an impulse up with a nice retrace to the golden corner pocket with some nice reaction off of the larger pitchfork. Bouncing from here would be an ideal setup but a break of the Pitchfork would not be a deal breaker completely. So watching for these bullish interpretations to play out.
FIL/USDT looks ready for a runSummary:
1. FIL looks ready to make a bullish run. The 45m chart shows a potential upside in the high 80s.
2. The daily log chart looks even better for a medium term play (4-8 weeks) with potential for price to break above 100.
Chart:
- 45 minute
- Modified pitchforks to include 0.382 and .618 Fib lines
- Negative extrapolation for pitchfork anchor points
- Experimental pitchfork grid system
Filecoin (FIL) - October 5Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
-------------------------------------
(FILUSD 1W Chart) - Mid-Long-Term Perspective
Above the 47.149096-53.975726 section: The uptrend is expected to continue.
(1D chart)
Support section: 63.064166-77.274985 section.
First resistance zone: near point 105.696627 (97.351538-118.578758)
Second resistance section: 134.118268-148.329087 section.
If it falls from the support zone, it may move towards the 47.149096 point, so trade cautiously.
If it falls from the 47.149096 point, it is highly likely to enter the mid- to long-term investment area, so you need to think about countermeasures.
If the price is maintained by moving up to the 77.274985-105.696627 section, it is expected to turn into an uptrend.
We do not recommend buying when the price is rising as the downward correction to break out of the downtrend line may continue.
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(FILBTC 1W Chart) - Mid-Long-Term Perspective
Above the 0.000796-0.000969 section: The uptrend is expected to continue.
Above 0.001398 point: Expected to create a new wave.
(1D chart)
Support interval: 0.001211-0.001437 interval.
First resistance interval: near 0.001890 point (0.001890-0.001981)
Second resistance section: 0.002343-0.002569 section
If it falls from the support zone, it may enter the mid- to long-term investment area, so careful trading is required.
However, you can touch the 0.000796-0.000969 section and rise, so you need to think about countermeasures.
If the price holds in the range of 0.001437-0.001890, it is expected to turn into an uptrend.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which 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, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The MRHAB-O and MRHAB-B indicators used in the chart are indicators of our channel that have not been released yet.
(Because it is not public, you can use this chart without any restrictions by sharing this chart and copying and pasting the indicators.)
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, 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 disclosed by oh92. (Thanks for this.)
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
Filecoin (FIL) Possible Short Squeeze Incoming....25-90% UpsideFilecoin looks set for a massive bounce for the following reasons:
1.) Recent overly exaggerated downside move due to China FUD, and usually this sort of fundamental FUD is followed by strong bounce.
2.) Upcoming Filecoin Launchpad Demo Day around the corner on 9/28 could be the fundamental boost needed to help Filecoin recover sentiment.
3.) Filecoin has been one of the most sold off coins the past 6M, 1M, and 1W (-65%, -32%, and -25% respectively)
4.) FILUSDSHORTS approaching recent highs, due for short covering / thereby increasing buy pressure.
Here I present 3 fractals which are based on the recoveries from similar capitulations in the past.