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FILUSDT

why DCA is the best strategy for trading?Today I’ll be talking about what is Dollar Cost Averaging (DCA) and how is it used in trading. i will also shine a light on what importance it holds What is dollar-cost averaging (DCA): It is an investment strategy in which you invest a fixed small amount of money at regular intervals. This allows you to take benefit of a market bearish without risking excess funds Allowing you to keep up with greater liquidity and take benefit of market bullish. let's show that with examle : Let's imagine that there is a person called Cecilion and he invests in filusdt with a fixed amount of $ 20 every month. let's imagine the price of that currency in March was $ 5 Then Cecilion will have 4 pieces of filusdt in March. And in April, the value of filusdt fell to $4, and Cecilion bought it for the same amount ($20) to have 4 + 5 = 9 pieces of filusdt in april. And in May, the value of filusdt fell again to $2, and Cecilion bought it for the same $20 , so that he owned 4+5+10 = 19 pieces of filusdt in May. And in the following month, the price of filusdt raise to $10, and Cecilion bought it for the same $20, so that he owned 4+5+10+2=21 pieces of filusdt in June. let's do some math to show the efficiency of this strategy: - Cecilion invested $80 in 4 months and owned 21 pieces of filusdt to be The average purchase price is 80/21 = $3.8 - Let's imagine that Cecilion did not use this strategy and bought filusdt for $80 at once in March when its price was $5 Then a cecilion would have 80/5 = only 16 pieces of filusdt instead of 21 pieces. hope this article was useful to you and appreciated ur support with likes , comment and follow for more.🎯
Education
by ceciliones
23
Filcoin. Analyze On Friday, we saw the attack of whales and banking news, because the news gives this excuse to the whales, they use such news to come in with a specific plan and purpose, however, these events are normal in cryptocurrency, and we have these fluctuations. We have always touched everything, but in general, with all these fluctuations, consider the overall structure of the file like this, and know that the goals of FileCoin are far beyond these prices. In the next 3 years, we will be able to reach very high prices with Hold. let's get
by Baharmostofi
🔥FILECOIN IS GOING TO MAKE ANOTHER 40% PUMP AFTER THIS🔥 Hi friends! Filecoin is the biggest storage blockchain platform in the world. Like other storage platforms, its use case is relatively simple to grasp. Unlike centralized storage platforms like Google Cloud and Microsoft Azure, it uses decentralize storage platforms. Now FIL grows after the huge dump. If you know the main trigger of this pump, write in the comments. 📊 TRADING PLAN FOR FILECOIN: Filcoin consolidates inside the channel but already breaks the value area up. It confirms the bulls presence. Actually, we need to wait the breakout of the channel up and the test is at support to open a long trade trade. I recommend you open a long trade when the price break the channel up and successfully test it as a support. 🚩 If the price will make a false breakout of top of the channel, it will be a good signal to open a short trade because this accident shows the bulls weakness. You can see the same case at the beginning of December (red area), when the price break the important value area but break it down and the price fall for -35%. ✅ MY TARGETS FOR FILECOIN: 🔥 $4 - the key level 🔥 $4.35-4.5 - the value area 🔥 $5 - the key level 💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU. P.S. Personally, I open an entry if the price shows it according to my strategy. Always do your analysis before making a trade.
by Yuriy_Bishko
3
FIL/USDT 500% Potential from here so Which is Good Entry?#FIL/USDT Technical Analysis: Currently, $FIL is trading at $6.10, which is a significant -97.65% down from its all-time high. The cryptocurrency has gone down -99% from its peak but has recovered well in the past three months, rising up to 300%. It is still 122% up from its recent low in December. At present, the market is in an uptrend, but a significant upward rally is expected only after some more retracement. It is possible that the price could drop by another 20% from its current level before an upward trend begins. The best entry point for investors would be at the support level area. For the cryptocurrency $FILUSDT to be fully in bullish mode, it needs to break upward the resistance level at $9. Once this happens, the price could reach the target of $26 in the next bull market. It is possible that the price may go higher, but a minimum target of $26 seems reasonable. Investors should keep an eye on the support level at $4.80 and the resistance levels at $8.95 and $26.10. If you find this analysis helpful, please like and appreciate it. Follow me for more real-time updates on cryptocurrencies. Thank you.
Long
by CryptoPatel
4
FILUSDTFILUSDT at 6H follows its triangular accumulation wedge, reaching its narrowest part, that is, it could break at any moment. your wedge. In its favor is the RSI, which is highly bullish, and the MACD bullish. On the 1H chart: RSI: Exhaustion of Buyer Forces Supports: 5,938 / 5,869 Resistances: 6,099 / 6,260 Filecoin is the world's largest decentralized storage network, which allows users to store, request and transmit data through a verifiable marketplace. Filecoin is fully open source. The protocol runs on a reliable system that combines Proof of Space-time (PoSt) and Proof of Replication (PoRep), which provides a solid foundation for storing the world's most valuable datasets, minimizes economic barriers, and allows users to take advantage of your networking capabilities. IPFS, a Web3 file system on this system, allows developers to access data over the network.
by ferulianov
FILUSDTThe daily FILUSDT is currently on the lower edge of the accumulation wedge, with plenty of room to rise, even more so with the RSI indicating extreme exhaustion of selling forces. If it breaks down, it will look for MM200 which will be a powerful support at $5,132 -------------------------------------------------------------------------------------------------------------------- Here are the supports and resistances on the M45 team: Let's start with the support line: 6,002 / 5,846 Now let's move on to the resistance line: 6,188 / 6,335 RSI with exhaustion of selling forces, has plenty of energy for further upward movement. --------------------------------------------------------------------------------------------------------------------- Filecoin is a decentralized platform for data storage. The Filecoin project was launched by technology company Protocol Labs, based in California, in 2014. The main objective of Filecoin is to create an efficient solution for data storage, based on IPFS (InterPlanetary File System) decentralized network protocols. The main idea is that its users install special software that allows you to store data on PC hardware. As a reward, users receive Filecoin.
by ferulianov
FILUSDT Elliott Waves AnalysisHello friends. Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you! Everything on the chart. Entry: market and lower Targets: 7 - 9.5 - (~11.5) after first target reached move ur stop to breakeven Stop: ~2.8 (depending of ur risk). ALWAYS follow ur RM . RR: 1 to 6 risk is justified Good luck everyone! Follow me on TRADINGView, if you don't want to miss my next analysis or signals. It's not financial advice. Dont Forget, always make your own research before to trade my ideas! Open to any questions and suggestions
Long
by trytofeelpositive
8