FIL looks bullishVery technical asset. I think it will still come in the 19-20 zone. Then I see only one way. He may have sprains. I don't expect him to fly up from the current ones, the correction looks incomplete.
I am waiting for your response. It's interesting to hear your thoughts in the comments.
P.s. By the way, this is an interesting entry point for a medium-long time. The asset has fallen heavily (now x11 to the peak price). The coin is held by major players and funds.
FILUSDT
FILUSD Appears to be in a false breakout - 4HI believe we could be in the middle of a false breakout to the downside with FIL.
Breakouts of solid trends are almost always accompanied by a huge volume candle to confirm the demand. This breakout happened on very very weak volume, likely because of FILs correlation to BTC. I forsee a whip back above the triangle, and then a possible retest down to the red line marked on the chart before continuing higher.
I am bullish on FIL. It is only a matter of time before mainstream catches on.
BEFORE BUYING FILHello trading mates, it's me again.
i took some break for sometime now to clear my head and now i am back with a of momentum, having said that Let's dive in to what i have today.
you might be wondering what is FIL, Filecoin is a decentralized storage system that aims to “store humanity’s most important information. at the time of writing this article the price of FIL to USDT is 19.20 and it has been trapped in an
Ascending Broadening Wedge Chart pattern which is yet to be confirmed. yes for the wedge to be validated, the price need to decline more from 19.20 to 16.31 support line, which should send the price back to the resistance line at 30:700 to 31$.
Note* the falling broadening wage in the making started forming since January 22nd 2022 till date April 24th 2022, which is about 3 months and currently about to test the support once more.
for me i will be longing when it get to the support and shorting for another lower low when it gets to the resistance, i will be considering the market condition thou.
if you are currently bearish maybe you should wait for a clear clear breakout at at 16:500 which is the neck line of the previous lower low.
which ever way trade responsibly.
if you find this helpful, plz like and i would be looking forward to hear your opinion at the comment section.
FILUSDT, The price is moving rangingHello everyone
Finally, We have some request to update FIL (Filecoin) and we will did it for you guys
According to the chart as you can see the price is moving on ranging zone that we shown on chart, it has no trend in this time but if you wanna do some scalp trading we shown the zone for buying and selling that you can do it .
Filecoin it can be a part of future but it depending some factors that should be happen and after that FILE can go and reach to the target more than a thousand dollars but you should check the factor to know its happening or not, DO NOT TRADING AND HODL IN BLIND.
Dont forget use stop loss and observe to capital management if you wanna take position but its better to take short position according to the trend of market but it depends on yourself.
Our Prediction for the price of FILECOIN in bearish market is below the 2$ but this is just prediction do trade with your own strategy
Good Luck
Abtin
Previous analysis :
FILCOIN is gonna do something big.It is crazy how all the gain from Filcoin since beginning of 2021 has been wiped out. The price reset to the lowest possible.
Whales have completely shaken out all the FOMO.
The big buy volume here is a proof that they are gonna get the FOMO retailers once again.
Filecoin is Web 3.0 narrative which CZ_Binance has mentioned recently.
The Defi narrative is dying now time for Web 3.0 making money.
I will start to accumulate Filcoin here.
NFA.
FILUSDT Has broken above the resistanceFILUSDT on H4 has broken above the major resistance and also has formed a Bullish pattern. After the rejection from the support which was previously the resistance we can expect that the price continues to go higher.
💎 FILUSDT
🔵 Entry zone 18.26 - 19.96
🟢 TP1 21.26
🟢 TP2 27.30
🟢 TP3 33.80
🔴 SL 16.25
Good Luck 🎲
FILECOIN : Daily TA : 04.18.22 (IO)Technical analysis of #Filecoin 's chart and its appealing ranges . Let's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask .
Follow us for more analysis & Feel free to ask any questions you have, we are here to help.
⚠️ This Analysis will be updated ...
👤 Arman Shaban : @ArmanShabanTrading
📅 04.18.2022
⚠️(DYOR)
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FIL broke out long term resistance#FIL/USDT
$FIL broke out from long term descending resistance.
🐮 now price is in pullback to broken line.
after that it will head up to resistance zone around $23.5 and break out from $26 will increase price to resistance zone between $32 and $40. and maybe in long term price increase to 0.5 fib level of last swing down.
FILUSDT Analysis (LOCAL VISION)Hello 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
Target: 24 - 28 - 32
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.