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
FILUSD
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
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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 👇
$FIL TOWARD $11.8 👨🏻💻 TSX:FIL / USDT
#FIL has cleared the first resistance level👀
Currently testing the second resistance🔍
If breakout is successful, TSX:FIL is believed to reach $11.8🎯
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Follow #CryptoEase and Share it With Your Crypto Mate 😉
BINANCE:FILUSDT
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.
🚀Please boost and💬 comment to share your thoughts with us!
FIL looks bullishThe price compression is seen on the support.
The trigger line is formed.
By maintaining the demands, it can move towards the targets.
The targets are clear on the picture.
Closing a daily candle below the invalidation level will violate the analysis.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
Filecoin #FIL echo W bottom to $42Filecoin is being shilled by Arthur Hayes
as he likes the narraitve of decentralised blockspace
I just like the chart :)
I predict we see this W bottom play out for a second time
Will the blowoff top be as manic ?
still good gains to be had ..
if Bitcoin does what we hope
Has Fil Coin's upward trend started ?It is observable that we are in an ascending triangle.
In the previous two instances, the price has moved from the support trendline to the resistance trendline.
If this happens again, can we expect a 300% increase in the next 100 days?
What would you like to see happen?
For the first target after breaking the $6.26 range on the daily timeframe, we can consider $8.
I will explain in the next updates how we can proceed.
Please note that the final target is in the range of $20.5 to $22.5.
This chart is just my analysis and I never give financial advice.
You are the decision maker and you should do your own research.
Filecoin (FILUSD): Preparing for a Gap Fill - Levels to WatchFor Filecoin (FILUSD), we are currently looking at a scenario where there is a Weekly Fair Value Gap above us. We are quite confident that this gap will be filled; the only question is when. We believe there is a potential good entry point at the current levels.
Below us, we have several supports. The first support is a 12-hour demand zone. Additionally, we have an Order Block Cluster and a simple support zone. These levels, combined with a favorable volume profile, should provide enough momentum and support for an upward move.
Our primary target is the Weekly Fair Value Gap close. Once this target is reached, we will reassess the situation to determine whether the price will continue upwards or face a sell-off. This reaction will guide our next positioning. For now, our strategy is to aim for the gap close and position ourselves accordingly.
Additionally, when we examine the Liquidation Heatmap for Filecoin, we notice several liquidations above our current level, specifically between $6.35 and $6.65, just above the recent high. This indicates two possible scenarios:
Liquidations Triggered and Pullback: We might move up to trigger these liquidations, then experience a deeper pullback.
Liquidations Triggered and Continuation Upwards: Alternatively, we might fill our current support levels and then move upwards towards these liquidations.
If these liquidations are absorbed, we could either shoot through and continue upwards, or we might pull back after triggering them, leading to a potential continuation to the downside.
It's important to be aware of these scenarios. Given that there are few liquidations below the current level, we do not expect significant downward wicks or deep pullbacks.
Looking at Filecoin on the VWAP chart, we observe a sideways movement where the price repeatedly moves up and down but always returns between the 2024 Q1 VAL and the 2023 Q4 VAH. These two levels appear to be holding as our current range.
We expect a small pullback, supported by the 2024 Q2 VAL and the 2023 Q4 VAH. These should act as our support zones on the VWAP chart. On the upside, our target is the 2024 Q1 VWAP at $7.70. Above this level, we anticipate resistance around $9.32.
This analysis suggests a short-term strategy of buying at the support levels and targeting the identified resistance points.
FIL ???Hi.
BINANCE:FILUSDT
➡️ the odds of another bullish Movement is Pretty high because the pattern which FIL is in, Is a Bullish wedge Pattern! Since The break out has not happened, there is no confirmation of a Bullish Movement But If It happens....
✅ Due to the Ascending structure of the chart...
🟢 The odds of another Bullish Movement is High!
🟢 Bullish wedge is Visible on The chart!
🟢 No break out yet!
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FIL Pump To 24 % ?After a 40-day consolidation period within a box range, a breakout opportunity may be imminent. However, a crucial decision arises:
High-Risk Entry vs. Optimal Entry Point
The $6.37 support level provides a risky entry point, but could also be an optimal entry. Conversely, the $6.72 resistance level could provide a more conservative entry, but the price may have started to rise from $6.37 and we may not be able to make a decent entry in the $6.72 range.
Keep in mind that RSI it is in a range that can cause a strong upward movement
Your Entry Strategy:
The decision of where to enter the trade lies with you, exercising sound capital and risk management principles.
Disclaimer:
This analysis solely reflects my perspective and should not be construed as financial advice. The responsibility for any profits or losses rests solely with the individual trader. I merely identify potential entry points for consideration.