FIL (Filecoin) Analysis 12/03/2021we had earlier analyzed this Coin and Capitalized on it so we are updating it with new TPs
Fundamentals:
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor.
Decentralized storage systems like Filecoin allow people to be their own custodians of their data, as well as makes the web more accessible to people worldwide. Since participating in the Filecoin network by mining and storing is directly related to winning more block rewards, Filecoin incentives participants to act honestly and store as much data as possible
Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University. After founding Protocol Labs in May 2014, he attended Y Combinator in the summer of 2014 with the intention of supporting both IPFS and Filecoin, as well as other projects.
Technical Analysis:
as you have seen the coin had done its incubation process, followed by Accumulation Phase and now is on its UP Move.
there are total of 3 Targets defined by the Fibonacci Projection, where as we get our confirmation of the 3 TP, if 2 TP gets triggered by a strong impulsive wave followed by some retracement and price correction or distribution.
but ultimately all these targets are very much feasible
Filusdtidea
FILUSDT Analysis (perspective a couple of months)Hello friends.
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Everything on the chart.
Fixing under $15 I dont expect.
Entry: market and lower
Target: 30 - 45 - 75
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
FILUSDT Analysis (bottom is close)Hello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
I assume growth from the current or through 25.
Entry: market and lower
Target: 40 - 50 - 65
after first target reached move ur stop to breakeven
Stop: (depending of ur risk). ALWAYS follow ur RM .
risk is justified
Good luck everyone!
Follow me on TRADINGView, if you don't want to miss my next analysis or signals.
It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions.
FILUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
Potential ED on the chart.
Price will rise from the current or through 30$.
open pos: market and lower
target: 40 - 44 - 49
after first target reached move ur stop to breakeven
stop: (depending of ur risk). ALWAYS follow ur RM .
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!
FILUSDT Analysis (LONGTERM)Hello friends.
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Everything on the chart.
open pos: market and lower
target: 110 - 170 - 230
after first target reached move ur stop to breakeven
stop: under 40 (depending of ur risk). ALWAYS follow ur RM .
riwk/reward: 1 to 14
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!
FILUSD - Long - 1D - Sleeping Giant!FIL has a few bullish patterns, this is just one of them. I also see a Wyckoff accumulation happening that fil is set to explode out of any day now (assuming BTC/ETH can hold tread water in the meantime).
These are strong bullish patterns. This is a promising project and one of the few assets that have built out their own chain/protocol rather than relying on 3rd party chains. I believe if they stick to their roadmap and evolve with the times that they could eventually lower their correlation to the big caps. If that happens then this is where the big money will be made.
FILUSDT , We are in buy zone areaGood morning guys
I hope that everyone have a good trading week and dont be mad or ... because of the market movement
In here according to the chart you can see we dumped and now the price is in level of buying in here in market spot buy and if the price dump more we shown 2 more zone that can be nice for the price to buy and have it in our portfolio
But the important thing is to buy in part of part and dont be extrme to ohh market is going and we should buy and dont be in tale of FOMO
In last analysis we shown that if the price is break the trendline we were going to see lower price
Previous analysis :
If you have any question just ask us
Good Luck
Abtin
FILUSDT AnalysisHello friends.
Please support my work by clicking the LIKE button(If you liked).Thank you!
Everything on the chart.
open pos: market and lower
target: 70 - 80 - 90
after first target reached move ur stop to breakeven
stop: ~48 (depending of ur risk). ALWAYS follow ur RM .
risk/reward 1 to 4
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!
Will be very APPRECIATE FOR UR DONAT/coins :)
Open to your questions or suggestions(Looking for investors!).
FILUSDT , Did you buy ???Hello everybody
We are update our analysis today for you traders
According to our last analysis the price is about 65$ and we shown on chart that the price can come to our buy zone and in there we should buy and wait until the target reach , and exactly the price movement come to our buy zone area and activated our buy zone and now we should wait for our target
You can buy more and buy if you re not in buy position until now we have time to buy
Previous analysis :
Dont forget stop loss and attention to money management
Good Luck
Abtin
FILUSDT , We are near buy zone area ...Hello everyone
According to our last previous , that the market is fall down until here , and we have powerful trendline that we shown on chart and in there we have buy zone area for long position and spot trader to take some FIL until wait until the target reach
Our last analysis stop loss was activated and now we are showing new zone to buy FIL
Hey guys , 3 point :
1st , Dont forget use stop loss ( SL )
2nd , check the chart in multi-time frame
3rd , at first take signal then take position and buy or sell something
Follow and share us
Good Luck
Abtin
FILUSDT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON STRENGTH OF THAT LEVEL.
ENTRY PRICE BLACK COLOR
MOST PROBABLE SCENARIOS TARGETS GREEN COLOR
LEAST PROBABLE SCENARIOS TARGETS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
FILUSDT Change TrendHello guys
In here , we have up trend at the bottom of price and here it is important bullish level and they support the price
we are in good position for take some FIL and take some long position according to the Tp 1 and 2
other reason for buying the FIL its the fundamental of this powerful project
if you are hearing me everyone should have some FIL in portfolio
Good Luck
Abtin
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
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