FILUSD
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.
FIL / USDT breakout soon ?Fil / usdt
🌟 Quick analysis 🌟
After consolidation recently in traingle
Fil now is trading at 0.618 fibo support
Break out is expected to happen soon from that traingle ...wait for breakout directional for better entery
If it break upward the profit is easy up to 40%+
Good luck and happy trading 🌹
FIL FILECOIN Bullish Squeezing Hits 1 Exabyte of Storage FILUSDTFIL FILECOIN Bullish Squeezing Hits 1 Exabyte of Storage FILUSDT
GOOD NEWS ABOUT FILECOIN -
Filecoin CEO and founder Juan Benet reports the decentralized storage network hit 1 exabyte of capacity.
That's much higher than estimates of the size of the Netflix library.
The next step is getting applications to join the network.
FILUSDT: Possible Long (02.11.2020)The price has formed a downward corrective channel. The RSI is at the oversold level, signalling the possible completion of the decline soon.
We believe that the price will test the 76.4% Fibonacci support level and also decline to the trend support line.
We recommend buying from key support levels.
✳️Filecoin/USDT (1/11) #FIL $FIL #FILUSDTFIL is accumulating after breaking out of the Falling Wedge pattern and if it does not lose the 30-31$ zone it will rise to the 40$ and even 45$ zone in the next few days. But if it falls out of the 30$ zone it will fall to the 23$ zone
📈BUY- LONG Strategy
- Buy: 30-31$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 39-40$. Stoploss if A
- Sell: 44-45$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 30-31$. Stoploss if A
- Buy: 22.5-23.5$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
FIL/BTC (Short Term Uptrend is Over?)💎Technical Analysis Summary💎
BINANCE: FILBTC
-After the strong rally last October 26
-The price has decided to cool down
-After breaking its key support around 24000s sat
-This breakdown is likely forming a small Bear flag
-Which is technically not good in the short term price action
-If the Bears can send more follow-through in the coming few hours
-The potential downside target is around 18000s sat
-Always adopt what the market is telling you
-The price will dictate where it wants to go
-So act fast and always follow your trading plan
A big Thanks for donating 💰 via Tradingview coins this week to CITIZENCAINE 🙏🎉
``````````````````````````````````````````````
Trading Involves High Risk ⚠️
Not Financial Advice 💸
Please Exercise Risk Management 💱
``````````````````````````````````````````````
Thank You All!🙏😊💖For Supporting My Channel 📺
Through Leaving A Thumbs Up, Comment & Follow 💬
Happy Trading!😊💕💖
``````````````````````````````````````````````
FileCoin FILUSDT - Descending triangle + More downside- Filecoin formed a descending triangle after the breakout of the symmetrical triangle
- We can see some a bounce from 0.618 FIB and if we break the upper trend line, we can expect higher prices
If you want more of these ideas, please hit the like button and follow me, so you don't miss any update!
Also, check my signature down below ↓
FILUSDTFILUSDT brokedown below the uptrend support.
The market is printing a descending triangle pattern.
Breakdown below the triangle support could be a bearish signal ⬇️.
RSI printed a bearish divergence signal.
Breakdown below the RSI rectangular pattern support could be a bearish confirmation 🔽.