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Filusdtanalysis

FILUSDT: Price Ranging Inside the BoxFILUSDT technical analysis update FIL's price has been ranging within a box for the last 825 days, repeatedly testing both the support and resistance levels of the box. Recently, the price touched the box support again and is now slowly bouncing from it. We can expect a bullish move from the current support level. The price could potentially increase by 500%-1000% from the current level, making it a good time to accumulate some FIL. Regards hexa
Long
by HexaTrades
Filecoin Price Update in Higher Timeframe.FIL has been in a downtrend for a significant period, with occasional rallies. A notable high was reached in March 2024, followed by a substantial decline. FIL has strong support around the $3-$3.5 range. This zone has acted as support multiple times, as shown by the price bouncing off this level. According to the analysis, FIL has a higher probability of further decline (-30%). After that, a rebound is likely possible. A decent buy range would be between $3-$3.5. A breakdown and close below this support range will be considered an invalidation point. Note: This report is for educational purposes only and does not constitute financial advice. Regards, Team Dexter #cryptocurrency
by Dexter_The_Trader
FILUSDT: XABCD Harmonic Pattern Analysis - Bullish OpportunityOverview: FILUSDT has recently completed the formation of an XABCD harmonic pattern, signaling a potential reversal in the price trend. This pattern has emerged at a key support area, suggesting a strong foundation for a bullish move. Entry Point: We recommend considering entry near 8.540. This level aligns with the completion of the harmonic pattern at point D, providing an opportune entry point for bullish positions. Stop Loss: To mitigate risk, a stop loss is advised near 8.1818. This level is strategically placed below the entry point to limit potential losses in the event of an adverse price movement. Take Profit Targets: 1. TP-1: Our initial target for profit-taking is set at 8.9095. This level reflects a conservative projection of upward price movement following the completion of the harmonic pattern. 2. TP-2: The second target is positioned at 9.2655. This level represents a continuation of the bullish momentum, offering additional profit potential. 3. TP-3: A third target is identified at 9.6212. This target reflects further upside potential as the price trend gains momentum. 4. TP-4: The final target is set at 10.0000. This level signifies a significant milestone in the bullish trajectory, presenting an opportunity for substantial profit realization. Conclusion: Based on the XABCD harmonic pattern formation and the key support area, FILUSDT is poised for a bullish move with potential profit targets identified at various levels. Traders are advised to monitor price action closely and adhere to risk management strategies outlined in this analysis.
BINANCE:FILUSDLong
by trading_jupiter
Filecoin FIL price is heading to "the tasty" buying zone🤞So far, the price of FILUSDT has been moving quite harmoniously and understandably, at least to us) So the series of ideas for the Filecoin price is still relevant, and the goals are too. Now the main task for FILUSD buyers is to keep the price above 5$ before a real and strong upward movement begins. Since the FILUSDT trading pair is quite volatile, sharp squeezes down to 4$ are possible. So, if you believe in the bright future of the Filecoin project and want to buy Fil in your medium- and long-term portfolio, then it would be a good idea to place buy orders "with a grid" in the range of 4$-5$. At the moment, the targets for the global growth of the FILUSDT price are unchanged - 25$ and 44$ _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
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