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FILUSD

Filecoin Short-term TargetsQuick post - Filecoin broke out of a falling wedge on the daily and is headed towards the 200 day EMA and wedge breakout TP 1 if it can get and hold above the EMA. Conditioned upon reaching the falling wedge breakout's TP 2 @ ~$10.70, which would take it above previous high of ~$9.75, that opens up the possibility for new targets for a double-bottom recovery. Get and hold above 9.75 and we have a confirmed double-bottom targeting $14.58 and then approx $17. Short-term chart here, but I've previously posted a much larger falling wedge breakout that happened quite some time ago but has been consolidating ever since. That possibility still exists should everything above occur and DXY doesn't turn back up shortening recoveries across markets. If conditions remain favorable, we could see a double-top on the HTF chart. See link to related idea below: This fell further than expected and has consolidated further than expected, but is still possible given the considerations mentioned above:
COINBASE:FILUSDLong
by dudebruhwhoa
5
Filecoin FIL price "more dead than alive", what next ?Two months ago, we made the idea of FILUSDT, where we wrote that the price was at a critical point near $5. Unfortunately, the fall in the cryptocurrency market continued, and the FIL price reached the target of $3 Moreover, the price of Filecoin token on 16.12.22 updated its absolute price minimum - $2.42 What do you think caused a -40% drop in the FILUSD price in just 15 minutes on 16.12.22, write in comment? The most positive scenario at this moment for FILUSDT is consolidation around $3 with further growth to $5 It will be unrealistic to break above this level the first time. If you believe in this project, the price of current purchases is close to the minimum. A similar situation on the FILUSDT chart was in December 2018, but there is a nuance, then the BTCUSDT price "trampled" the bottom around $3200, and now Bitcoin is 5 times more expensive (Fil unfortunately not...) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
41
Can we expect a sharp drop?!FIL has been trending in the range for the past few weeks. This currency's price decreased to $4 after breaking support in the range of $4.7-$5. Now its trend has ranged between this support and resistance. In the 4-hour time frame, this range trend is clearly defined. Important resistance is in the $4.5-$4.7 area, which shares this range with the previous resistance at $4.7. So unless the buyers can bring the price back above $4.7, the trend cannot be bullish. If the selling pressure increases by breaking the current support, we can expect a sharp drop to the $3.20-$3.30 range. This area overlaps with the midline of the long-term descending channel, and if it is hit, it can give a positive reaction. For the short term, sellers are still more powerful, and we should wait until the price stabilizes at the support levels.
by MonoCoinSignal
2
💡Don't miss the great buy opportunity in FILUSD @protocollabsTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (5.70). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FILUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 68. Take Profits: TP1= @ 6.26 TP2= @ 6.48 TP3= @ 6.67 TP4= @ 6.98 TP5= @ 7.71 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated!❤️ 💎 Want us to help you become a better Forex / Crypto trader? Now, It's your turn! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity_World
4
💡Don't miss the great buy opportunity in FILUSD @protocollabsTrading suggestion: ". There is a possibility of temporary retracement to the suggested support line (5.70). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . FILUSD is in a range bound, and the beginning of an uptrend is expected. . The price is above the 21-Day WEMA, which acts as a dynamic support. . The RSI is at 69. Take Profits: TP1= @ 6.26 TP2= @ 6.48 TP3= @ 6.67 TP4= @ 6.98 TP5= @ 7.71 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex / Crypto trader ? Now, It's your turn ! Be sure to leave a comment; let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
Long
by ForecastCity