FIL: Approaching ResistanceTrade setup : Trends are mixed. Following a bearish breakout from Descending Triangle pattern, price has also broken below $6.00 key level and 200-day moving average, which could signal onset of a downtrend. Price could revisit $4.50 support.
Pattern : Price is Approaching Resistance , which is a level where it could pause or reverse its recent advance, at least temporarily. Resistance is often a level where price got rejected in the past, or potentially prior Support level that was broken. (concept known as polarity). Once price breaks above resistance, it can advance higher to the next resistance level. Learn to trade key levels in Lesson 7.
Trend : Short-term trend is Neutral, Medium-term trend is Strong Down and Long-term trend is Down.
Momentum : Price is neither overbought nor oversold currently, based on RSI-14 levels (RSI > 30 and RSI < 70).
FILUSDT
FIL Pump To 24 % ?After a 40-day consolidation period within a box range, a breakout opportunity may be imminent. However, a crucial decision arises:
High-Risk Entry vs. Optimal Entry Point
The $6.37 support level provides a risky entry point, but could also be an optimal entry. Conversely, the $6.72 resistance level could provide a more conservative entry, but the price may have started to rise from $6.37 and we may not be able to make a decent entry in the $6.72 range.
Keep in mind that RSI it is in a range that can cause a strong upward movement
Your Entry Strategy:
The decision of where to enter the trade lies with you, exercising sound capital and risk management principles.
Disclaimer:
This analysis solely reflects my perspective and should not be construed as financial advice. The responsibility for any profits or losses rests solely with the individual trader. I merely identify potential entry points for consideration.
File coin is under discount but not for long time ...40$ loadingDont miss the FIL Rally , it will Pump hard
train once moved will not stop
DCA from here and Chil for new coming profits
Copy Spot trading are available now in bitget with 100 % win rate so far , seats are limited , lets make Money
BitcoinJumber
FILECOIN can ascend further ! What Shall we Expect ?Hi.
BINANCE:FILUSDT
Filecoin chart confirms that the expected falling wedge breakout has occurred successfully
Now price is poised for a significant bullish move.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
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⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FIL/USDT Ready for a Swift Recovery From Current Support 👀🚀💎Paradisers, #FIL is currently maneuvering within a descending channel and gearing up for a potential breakout.
💎After the breakout, we'll await a retest to confirm this movement before strategizing our next steps. This retest is crucial for validating the bullish momentum. If #Filecoin stabilizes at the support level of $4.99 and resumes its ascent, we anticipate reaching the resistance zone outlined in our analysis.
💎However, if #FILUSDT fails to sustain this support and falls back into the channel, it may signal a weakening bullish trend. Under this scenario, the price could decline to the subsequent significant support level of $4.42.
💎Historically, TSX:FIL has demonstrated the ability to recover strongly from this price point. Should this pattern continue, we could expect a robust rebound. Nevertheless, a definitive close below this support level would alter our bullish narrative and indicate a possible shift to a more bearish trend.
MyCryptoParadise
iFeel the success
FILUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity.
Everything on the chart.
Entry: Market and lower
Targets: 10 - 15 - 20 - 28
Stop: under 3.3 (depending of ur risk).
RR: 1 to 10
ALWAYS follow ur RM.
risk is justified
It's not financial advice.
DYOR!
SUNUSDTGod's money
Our trust is in God
In today's society, money is God, if you are rich, you are God of people
So step by step in the direction of analysis and successful entry and exit, God of the people, be patient and be patient
Sun currency has reached the resistance zone, it is forced to collect and distribute in order to continue moving and aiming for price increase. And the price drop becomes more likely.
So you can enter the market at specified points and make a profit.
FIL buy with EZ7strategyAnalysis by EZ7strategy🎖️
1. **Price Levels**:
- In the chart, three important price levels for the digital asset FIL/USDT are indicated:
- **First Support Level**: If the price reaches the first support level (5.442$), it may serve as an entry point for buying.SL=4.952$
- **Second Support Level**: Similarly, if the price reaches the second support level (4.072$), it can also be considered as an entry point for buying.SL=3.655$
- **Latest Buy Level**: This point is also designated as an entry point for buying (3.431$).SL=2.911$
2. **Exit Points**:
- Determining exit points from a trade requires more detailed analysis of the chart and market conditions. However, generally, exit points may be at resistance levels or when the price reaches specific points.
MATICUSDTMATICUSDT
I think it is wrong to write a currency in a view for ascending or descending
The matic currency is likely to follow this road map, so this is a personal opinion and analysis, you can enter with your own strategy and opinion.
FILUSDT long spot trade / after the last correctionafter the last correction CFX break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid.
FILUSDT Elliott Wave Technical Analysis
Mode: Corrective
Structure: Extended Flat
Position: Wave (c) of (X)
Direction: Wave (c) of (X) is still in play
Details: Wave (c) is still in play which I expected to be end around 4.2-3.4 which will be my entry point.
Next Direction: next higher Degrees Wave (Z)
Targets:
10.4 with 170% profit
11.8 with 200% profit
the area between 12.9-13.1 with 240% profit
Wave Cancel invalid level: Daily closing below 2.7 with 30% loss
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
Closer look on the current correction wave on the 1D Frame:
📈 FIL Trading Analysis 🚀Support Level Opportunity:
FIL retraced to the current support level two days ago and has shown stability. Consider a long position from here.
Trade Parameters:
Entry: $5.85.
Take Profit: $6.75-$7.00 or $7.75-$8.10.
Stop Loss: Just below $5.70.
Market Observation:
Recent market trend indicates a range-bound pattern.
If FIL struggles to surpass the next resistance, consider exiting to secure profits, as with SOL.
📊🔍 Stay vigilant for FIL's movement! #FILTrading #CryptoAnalysis 💰📈
FILECOIN can ascend further ! What Shall we Expect ?Hi.
BINANCE:FILUSDT
FIL is in an ascending triangle which means the price is about to do a good bullish movement. The price can increase as much as the measured price movement ( AB=CD ) .The break out needed for increasing further has not happened but it should happen pretty soon.
✅ Due to the Ascending structure of the chart...
🟢 FIL has been Bullish Recently!
🟢 The odds of another Bullish Movement is High!
🟢 Ascending Triangle is Visible on The chart!
🟢 No break out yet!
✨Targets are:
🎯$6.730
🎯$6.830
🎯$6.970
🎯$7.200
🎯$7.480
🎯$7.770
🎯$8.170
🎯$8.400
❗ Note that if the Triangle is broken down with the power of descending candles, our analysis will fail.
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
FIL - daily bearish signsFIL, after a substantial drop from its all-time high, showed some recovery. However, it seems to have met a strong resistance zone it couldn't breach. From this vantage point, it looks poised for a potential fall, possibly retracing back below the $5 mark again. This could represent a significant move for those keeping an eye on FIL, suggesting a bearish outlook in the near term.
#FIL/USDT#FIL
The price is moving in a bearish channel on a 12-hour frame and is adhering to it well. It expects some correction and then a rise.
After rebounding from a significant decline, it is expected that the downward gap will be filled
We have a tendency to stabilize above the Moving Average 100
We have a downtrend on the RSI indicator that expects a break higher
Entry price is 6.60
First goal 7.16
Second goal 8.32
Third goal 9.03
FilecoinEying Promising Opportunities in Filecoin!
Filecoin might have been trailing the market trend, but don't count it out just yet! Despite today's shakeout, Filecoin is resiliently holding onto a crucial support level, hinting at potential moves in the near future.
If this support level holds, we could witness a bullish surge, creating an excellent opportunity for a SPOT trade with Filecoin.
It's time to pinpoint your entry strategy and be ready to exit if the support level falters. Maintain a watchful eye and ensure your stop-loss is securely in place. Patience is key as we aim for the target sell zone highlighted on the chart.
Remember to integrate solid risk management practices, and most importantly, savor the thrill of the market! #Filecoin #CryptoOpportunity #MarketWatch
FILUSDT long spot tradeFILUSDT Elliott Wave Technical Analysis
Mode: Corrective
Structure: Extended Flat
Position: Wave (4) of (c)
Direction: Wave (4) of (c) is still in play
Details: Wave (4) is still in play which I expected to be end around 7.8-7.1 which will be my entry point.
Next Direction: Wave (5) which will complete the next higher Degrees Wave (c) and Wave(Y)
Targets:
13.2 with 70% profit
15.4 with 100% profit
if it break this level and continue going up the next targets will be between 16.6 -17.1
Wave Cancel invalid level: Daily closing below 6.5 with 15% loss
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
FILUSDT - weekly green rectangular (potential zone to buy!) FIL in good price to buy in weekly chart
Weekly green rectangular is a zone which many supports are gathering together
(The major trend, lower side of ascending channel and 0.5 Fibonacci support)
That's make the green rectangular a potential zone to buy
Must considerd: just 4 days remaining for bitcoin halving!
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Alikze > FIL | Wave 3 or C continues bullishIn time D1 and W1, it is moving in an ascending channel. In continuation of the analysis of the previous post, where we examined the upward micro-waves of wave C, in this post, the long-term trend of the currency is placed in the 3rd big wave or C, in the long term. Pay attention to this wave, regardless of the fact that it will have small corrections in the low times, the target of $12.5 must touch 100% of the wave. It has completely broken the supply area of 6.25 and is currently in the supply area of its previous ceiling, which you can enter the upward trend until the target range of 1.28 and 12.5 dollars.
So I will try to provide the necessary updates for the post in the low times.
🟩Sup: 6.25 ~ 7.03
⛳️Tp 1:10.28
⛳️ Tp2 : 12.5
⛳️ Tp3 : 16.886 ~ 19.530
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