Filecoin: the most underrated DePIN cryptocurrencyFilecoin: the most underrated DePIN cryptocurrency.
DePIN = Decentralized Physical Infrastructure Networks.
Filecoin is a storage DePIN.
Storage is crucial for not just AI data storage, but for data storage in general, especially as the world is becoming increasingly digitized.
Filecoin is the best positioned storage DePIN project for the upcoming bull market.
It has liquidity, trust, and a real world-use case.
Besides, it's down 98% from its all-time-high.
I believe Filecoin will rise beyond everyone's wildest imaginations.
I expect Filecoin to reach the $20-$30 target before the end of Q1 2024. After a correction, it will slowly rise to a new all-time-high, probably some time in late 2024 or early 2025.
FILUSD
Filecoin Broke Out & Is Retesting! Filecoin DePIN Checklist!Filecoin Checklist:
1. Down 98% from ATH? CHECK.
2. Broke out of multi-year resistance? CHECK.
3. Is currently retesting that multi-year resistance? CHECK.
4. That multi-year resistance also has confluence with other significantly important technical levels? CHECK.
Namely, confluence with:
a. bull market support band;
b. middle weekly bollinger band;
c. major horizontal support level;
d. a range of higher lows!
5. There is hidden bullish divergence on the weekly chart? CHECK.
6. Filecoin fits the hottest narrative, which is DePIN (Decentralized Physical Infrastructure Networks)? CHECK.
7. Filecoin just corrected at least 40%, wiping out many degenerates and impatient plebs? CHECK.
8. Filecoin is on all major exchanges and has amazing liquidity? CHECK.
9. Filecoin is off peoples' radar? CHECK.
10. People hate on Filecoin for no reason, making it a lucrative investment/buy for smart people? CHECK.
COINBASE:FILUSD BINANCE:FILUSDT BITSTAMP:BTCUSD BINANCE:FILBTC TSX:FIL #filecoin #bitcoin #crypto #depin
trade by priceaction R/1.5(FIL)📊Analysis by AhmadArz:
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Trade powered by pricaction(FIL) 📊Analysis by AhmadArz:
This power backtest...
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FIL BUY SETUPIt has a structure that can pull back upwards.
The green area of the swap is a good place to take a buy/long position.
Fixing a 4-hour candle below the swap range 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 Is Officially Dead Another Chinese Coin Down the Drain!Filecoin Is Officially Dead Another Chinese Coin Down the Drain!
Imagine there are people who bought this at ATH for $230 and now it isn't even a lousy $10!
Many people recently bought this because of shiller Arthur Hayes, they will be very sorry, too for falling for that charalan!
If you want to prevent losing money follow me.
Filercoin will go to $0.10!
Filecoin: REJECTED AGAIN! 90% crash imminent?Filecoin: REJECTED AGAIN! 90% crash imminent?
Here are the reasons for why filecoin is a shitcoin that will drop to $0.10:
1. Despite an extremely bullish cryptocurrency market, filecoin price has remained extremely bearish. This is a huge red flag.
2. Price was $230 in 2021 but now barely $6, which means ppl selling more than buy.
3. Many ppl expect filecoin to pump, which is why it won't.
I expect 90% crash in near term!
#FIL/USDT#FIL
The price has been moving in a downward channel since last April
The downtrend for that channel was broken at $3
It is the same strong support area
The price has gained nearly 200% so far
Supported by oversold on MACD
It is supported by the moving average 100 break of 1 D Frame
Current price 5.5 $
First goal 7.06 $
Second goal 9.11 $
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
Unleashing the Dragon: A Triple Trade Strategy for NEO, XTZ, FIL
🔥 Dive into the world of Chinese crypto powerhouses with our latest trade idea! 🇨🇳💹 In this video, we break down an exciting strategy for trading NEO, XTZ (Tezos), and Filecoin. These three coins are making waves in the crypto space, and we've uncovered a unique approach to capitalize on their potential.
🚀 NEO - often referred to as the "Ethereum of China," NEO has been gaining momentum with its smart contract capabilities. Find out how we're navigating the NEO landscape for maximum gains!
💰 XTZ (Tezos) - the self-amending blockchain that's all about governance and scalability. We've got a game plan to ride the Tezos wave and make the most of its innovative features.
📁 Filecoin - the decentralized storage solution changing the game. Discover our insights on Filecoin's market dynamics and how to position yourself strategically.
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#CryptoTrading #NEO #Tezos #Filecoin #ChineseCrypto #TradingStrategy #CryptoInvesting #Blockchain 🌐🔐
FILUSD working on a potential inverse head & shoulders breakout.First candle above the neckline is rarely the candle that confirms the breakout, but if we can get the current candle to close above the neckline as well as 1-4 more candles the probability of a breakout increases quite a bit with each additional candle close. For now w are still working on even getting our first candle close above the neckline but it does look promising. *not financial advice*
Will the Filecoin exchange rate start soon? FIL/USDFor me, I really like this setup on the FIL chart. I think we should see a price action within a few days, just like the OG I shared earlier.
We can see divergences on both the FIL/USD and FIL/BTC charts.
With a huge space up. And FIL has been very oversold for quite some time now.
In addition, new partners appeared, to which the exchange rate has not yet reacted.
This trading is not investment advice. Weigh your options. Do your research on this.
I think it's a good setup. And this is an unmissable opportunity.
Which can spoil things if bitcoin suddenly goes down. (But now, in the short term, I think that the price movement of bitcoin will allow the price action to go up.)
I see the exchange rate as a time bomb that is about to explode.
We'll see.
Be careful
FILUSDTBINANCE:FILUSDT LONG
⚠️Note:
In this type of signals, only the entry point and trade direction are specified, and stop loss and target are not determined.
If you are interested in entering these signals, please provide a stop loss and a logical market-based target.
⛔"Daily crypto market analyses I provide are personal opinions & not financial advice. Trading carries risks, so do your own research & seek advisor's help.#DYOR"
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Filecoin (FIL) formed bullish Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with Bitcoin pair.
Recently we caught more than 28% pump as below:
Now on a daily time frame, FIL has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FIL Bullish Opportunity !?On the day chart has a potental head and shoulder pattern
And we need to find a good time to set up our position
On 4 hour chart there is a apotential double bottom
If it break out (4.742) and stand firm
SL at 4.172
We can get more 5% profit than waiting for H&S pattern complete
and we can set TP 1(5.00)
Back to day chart
If 1(5.00) be breakout and TP as below
TP1:5.626
TP2:5.879
TP3:6.421
TP4:7.300