This is one of few coins which hasn't been moving or growing substantially like most others. There is huge growth potential and we are at the very bottom
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...
The 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...
3 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 :)
5 Indicators showing to the upside!! Let's get this Team!! Please Like and Follow.. First Target is 22.50 2nd Target is 23.25 3rd Target is 25 and the rest we will evaluate again!! This is not financial advice
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 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...
FIL 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"
ENTRY - STL - TP on picture TP of me , and TP of you , i don't know You can buy more if price lower entry " High risk scaling consider when entering orders " Wait to entry no buy price now if price done TP2 , We cancel this order !
Fil 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...
FIL 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? Like and follow if you liked this idea!
There was a pretty huge consolidation, buy when the local dynamic resistance will be broken SL - below the local low Targets - the red lines on the chart
This is the lowest risk trade to take, stop loss below the second support line and good 70% profit can be made
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.
buying more here at 22.3 if we loose the channel 20 for a doble bottom target and rebuy zone is clear