Great tradeTRIANGLE,wolves🔥
Symmetrical triangle on FILUSD.
Previous Bullish trend was broken and now the price is in consolidation.
According to Elliott Waves theory all the waves are done so now the price is heading to breakout point.
Keep following the chart and look for breakout.
Keep following the chart and look for breakout, it should become soon.
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FILUSD
FIL/USD Long limit entry long termAgressive Long limit entry 28,6
SL 23,3
PT1 39,500
PT2 50,3
BE 33,3
Long term
RRR 2,1:1
BINANCE:FILBUSD
FIL/USD - Mooning, $40 next! 🚀FIL has broken out of its descending trend and in the past two days we did a very nice pump! at 50%!
We are now quickly approaching our resistance at $40. The resistance at $30 had no effect on price. Will this still be the case?
A bit unlikely, because we have pumped quite a bit and momentum needs to be maintained to do that, which seems a bit difficult since $40 is a great level for sellers to step in. We have to wait and see.
I do not recommend buying here unless you plan to scalp. Nevertheless, the indicators are looking very bullish, with all of them expanding up... :)
Bias remains very bullish for now.
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FIL - 4h. Buyers are preparing for the test $28.4Probably the most that FIL investors like in their lives is to watch the price move in consolidation . If we analyze the history of FIL, we see that there are not many trend movements.
While the entire crypto market is growing steadily, the price of FIL has been consolidating for the second month. However, there is hope for a new impetus for growth with a target of $28.4.
If you look at the FILBTC chart , we see that the volume of sellers is declining and buyers have managed to keep the trend line.
If bitcoin does not plan to fall sharply in the near future, the price of FIL is likely to rise by 20%.
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Filecoin is ready! Question is when?One area that blockchain is definitely useful and needed is storage space. Filecoin is a great project and is supported by all major exchanges and has really strong technological fundamentals. It is very slow and not much to do technical analysis. But I like the chart setup and think it can go up anytime considering all big investors like Grayscale, Winklevoss brothers are buying this and actively promoting it in their Twitter account.
Not financial advice. Do your own research
Close to Breaking out UpdateThe RSI has never stayed above the 50 for more than one day.. If we can successfully get the line above and stay above we will officially be in a bull market for FILUSD.. The line of resistance was drawn out on the 5 Day and what you're seeing in the chart on the 1 Day, which is still valid since you're allowed to go with smaller timeframes than what you drew out the resistance from. Please like and follow if you found this helpful. Good Luck have fun.. And see you on Planet RSI50 Noombre de Dolla!! NOT financial advice but I do believe quality advice.
3D chart resistance line was drawn which is still valid on STF3 day resistance line is on the brink of breakout!! If we can successfully break then we should be able to secure a nice sum of profit! Keep a tight stop loss and take profits along the way! Good Luck and Have fun!! Let's GOOOO... PS.. This is not financial advice :)
I believe this is the NEW BTC!!I personally believe this is the new BTC of the world!! These prices under 22 dollars will not be here much longer.. I don't even think 100$ will be here much longer! This is not financial advice but I Hope everyone likes and follows me if this breaks 250$ by the end of 2021!! Good Luck and Happy Trading..
FILBTC to pump in near-termFILBTC head & shoulders at base/bottom + double bottom.
FILUSD recently broke out of falling wedge. (1H)
Double bottom pattern might be arguable and not exact/accurate (around 200 pips in difference)
Already opened two long positions on last test of support at 0.00067
Filecoin, which works on top of the IPFS protocol, is still low marketcap for what it fundamentally is, so you know.
Knowing the current total storage space of the network is 1.000 petabytes or 1 billion gigabytes.
✳️Filecoin/USDT Analysis (19/1) #FIL $FILFIL is consolidating the support zone around $23, and the buying force is back, so it could help FIL rise to $30 and $40 zone in February.
📈BUY
-Buy: 22.5-23.5$. SL if B
-Buy: 29.5-30.5$ if A. SL if B
📉SELL
-Sell: 29.5-30.5$. SL if A
-Sell: 40-41$. SL if A
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
FIL/USD - Breakout confirmed, $30 and $40 in playFil made a great breakout yesterday, if you entered as indicated in my previous idea at around $22-23, then you should be pretty happy by now. :)
I see 3 main resistance points / targets:
@ $27 - indicated by the falling resistance in a large descending triangle
@ $31 - Fib 23.6%
@ $39 - Fib 38.2%
Broadly speaking I don't see why we can't reach $40 once we pass $27 resistance. So watch that level to get sense of next steps.
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FIL/USD - Buy breakout! Bullish divergence! $40 likelyFIL is looking interesting. After a nice 95% correction, and a clear bottom formed, FIL has painted a clear bullish divergence on the RSI.
Therefore, we may break-out soon from the apex (in blue).
First big target around $40. You can also aim for $26 or $33 if you are more conservative.
Let me know what you think?
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