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
FILUSD
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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FILUSDT - Double bottom 🔼FILUSDT is printing a double bottom trend reversal pattern.
Price brokeout above the trendline resistance.
RSI is printing a bullish divergence signal.
Buy entry ⬆️ - breakout above the double bottom neckline resistance.
Target 🎯 - resistance levels.
Setup invalidation ❌ - breakdown below the trendline support.
FIL 12h While the fall is over, the consolidation period beginsThe previous FILUSDT idea worked out perfectly in just 10 days, and the price lowered by -20%
First, we advise you to go through a series of the FIL ideas, they will be attached at the bottom of this idea in order to read more about the project itself and understand our analysis logic.
FILUSDT is moving along its own route, without much addiction to BTC. Now we can expect that a certain consolidation will start on the chart in the zone of $23.5-25.4 . Anyone who wishes can safely trade within this 8% range, the stop is short, and the volatility is low.
If the attempt to fix the price above $25.4 is successful, then the next level of buyers' profit taking will be $27.40.
If such an attempt is unsuccessful, then sellers will hit with all their might and the price may sharply fall down even to $21.
_______________________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
FIL 12h Grow Impossible Fall (make sentence yourself)
Volatile FILUSDT trades do not have a very long history, although the FIL token itself can be considered a dinosaur on the crypto market.
We wrote a lot of interesting things about the Filecoin project and the FIL token in the previous idea , we recommend you review it.
In our opinion, the FIL token has many interested large players.
Among the main signs that will confirm our assumptions are:
- almost no FILUSDT dependence of BTC behavior;
- a long stay in narrow consolidations, and then powerful price splashes for no reason at all;
- after price splashes, its value is easily brought down to the desired value, leaving behind large shadows. In particular, over the past month, this happened at least three times.
FIL has been added to all possible trading platforms with maximum leverage for "those who want to make quick money". Although in fact, 5% earns are manipulators who control the price movement of the token and maybe 5% of the lucky ones who did not catch the margin call.
Therefore, it is impossible to predict the future wishes of the large players in this coin. But if we look at the picture from the TA point of view, then the trading range has narrowed significantly.
A break and fixing below $29.60 is more likely, with a continuation of the fall towards at least to $27.36.
The trend line upper limit, from which the price is strongly driven down, is in the zone of $32.50.
_____________________
Since 2016 , we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
FILUSDT LONG TRADESignal: Red -> Green
Context: Green
Trade close manually when: the above ribbons turns Yellow or better Red.
Symbol: FIL, FILUSD, FILUSDT
I appreciate your like or comment. Welcome to share your idea here.
DISCLAIMER
This is only a personal opinion and does NOT serve as investing NOR trading advice.
Please make your own decisions and be responsible for your own investing and trading Activities.