FIL - descending triangle - end is nearBINANCE:FILUSDT is forming a descending triangle in 1H.
According to the textbooks descending triangles breakout to the downside 64% and to the upside 36%.
Let's see what happens.
No financial advice.
FILUSDT
FIL is ready for another leg upHello,
The bullish continuation structure detected. It's ready for another leg up. Be aware of possible stop hunt moves before the upside.
Please like and share the idea.
Thanks
FIL / BTC - Potentially Strong Gains vs BTCFilecoin may complete an inverted head/shoulders here, with TP 1 and 2 visible as dark grey lines near the top of the chart. Volume has just begun coming in on the weekly chart, and it's clearly shown up in a big way.
It looks quite similar to Ethereum prior to its move against BTC (and its new ATH vs USD). Ethereum weekly chart made an inverted head and shoulders, it had a fake breakout and then fell back below the neckline before finally breaking out for the real run. Filecoin could've been drawn exactly the same way before it made its initial move to its all-time high.
Keep an eye on this one, it may just be getting started, and the previous high may have just been a small preview of what's to come.
The wick on the weekly candle chart from when it exited the initial HSi was insane, see below:
fil/usdt 30 min chartthere is descending triangle on 30 min chart...so we can expect a bearish move on fil...supports zone marked by blue box
Filecoin (FIL) Looking for another Leg Up?Based on the charts it appears that the massive bull flag that Filecoin has been forming is ready for another move to the upside. Recently, we've seen file coin completely ignore the BTC movements and continue it's uptrend while BTC is indecisive or even retracing to the downside. I'm bullish on Filecoin short term and long term but remember, THIS IS NOT FINANCIAL ADVICE. Trade at our own risk. I'm putting some small amounts to see what happens, if it breaks to the upside I'll add a bit more to my position.
Happy Trading and Good Luck!
#fil. Ready?Waiting for breakout from triangle. TP/SL on chart. Looking good if all market will good.)
Update on FILUSDT trend analysisAs the last analysis failed due to the X-wave that occurred after the triangle it seems another triangle is forming
If and only if the market unfolds as shown on the chart entry point as well as TP and SL will be as illustrated
when the time comes I'll comment it under this post
Good Luck
FIL to $106?Hope everyone survived this ugly dump last weeks, and the market will recover soon hopefully.
Filecoin seems to be getting ready to break up this triangle 📐 and if successful I think there is chance for run to 106 and even higher. This setup on FIL , provides great RRR 9.5!
ENTRY : local high @ 69.23
SL : local low @ 65.25
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LMIT - SL) @ 106.80
RRR : 9.5
INVALIDATION : when SL level hit
Like👍 & Enjoy📺!
FILUSDThello my friends . please don't forget set the STOP LOSS .
and be careful .
Do not enter a large amount of your money .
FIL: BUY THE DIP!The first time ever we have touched MA100.
Correction has dragged on far too long.
RSI is in a region where a reversal is highly likely.
Stoch RSI has revealed the possibility of a positive cross.
Do I expect further downward movement? It is possible, if it goes down that road, you could place buy orders at 95, which is supported by EMA50 in the 3D timeframe.
My hodl targets are: 201/217/248/281/298
FilusdtIn the daily time frame, it will reach a strong level of support in the next few days and we are waiting for it to rise
FILUSDTHello to you all. Mars Signals team wishes you high profits at all times.
We are in a channel. We have defined the line of support and resistance for you. Those who want to trade with risk can make purchases for the first purpose, and in case of breaking the line of resistance and stabilization, enter the purchase for higher purposes.
Warning: This is just a suggestion to you and we do not guarantee profits.
Wish you luck!
FIL/USDTFil tries to overcome the resistance at around $ 193, he manages the breakout with a retest to the level so we can see a nice move up here.
Like always do your own reasearch and let me know what do you think about my idea.
I hope you enjoyed my last ideas.
Cheers Cryptofox
FIL 12h Correction took place, where will next move?Another 1.5 months have passed since the publication of the previous idea for the FILUSDT trading pair
The previous idea worked completely.
And those who have listened to our idea and risked placing buckets for purchases in the $90-95 zone can already fix +30% profit.
Future expectations:
1) If the descent of the FILUSD price to the $95-100 zone is smooth, then further growth to $177-180 can be expected
2) If BTC continues to fall and the alts believe it and will begin to fall even more, and the FIL price fixes below $85 , then you will need to place new buckets for buying in the $50-54 zone
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
FIL 12h Good growth, maybe it's time for a correction?)1.5 months have passed since the publication of our previous idea on FILUSDT
When we published this idea with a 300% growth forecast and a maximum target of $110 , we thought there were many skeptics)
But FILUSDT surpassed our forecast by another x2, reaching 200+$
Now we are on the alert that the FIL can go to the big correction and this is not an April Fool's joke.
Corrective fall of the FILUSD price from the $232-237 zone into the first strong liquid zone below $90-95 is very likely.
If you believe that the growth of the Filecoin project token cannot be stopped, then the chart shows the levels above for you.
_____________________
Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
