Filecoin (FIL) formed bullish Gartley for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with Bitcoin pair.
Recently we caught more than 28% pump as below:
Now on a daily time frame, FIL has formed a bullish Gartley move for the next price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FILUSDTPERP
Filecoin FIl price does not respond to crypto market fluctuationToday, let's take a look at the global chart of FILUSDT
This is the daily time frame, and it shows that the price of FIL has been on a downtrend since April 2021.
Today, the price of the Filecoin token has caught our attention because:
1. the price has approached a strong mirror level around $4.80 and at the same time is close to the trend line.
2. At the time of writing, the FILUSDT price has hardly reacted to the current rise and fall of the BTCUSDT price.
It is difficult to say how much longer the FILUSD price will remain in consolidation yet.
However, we can assume that after the FIL price breaks through the trend line and consolidates above $4.80, the growth to $7.30 can happen very quickly.
Now, the main thing is to watch for when FILUSDT breaks through the trend line and finally breaks out of the downtrend.
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FILECOIN CRYPTO; Unlocking FIL's Potential📈 FREE MT filecoin TRADE SIGNAL AT THE END OF ANALYSIS 📈
📊Chart Analysis: FIL buyers have formed a double bottom pattern on the daily chart, indicating a potential bounce as accumulation continues at this support. According to MT's Pandoras Box 4hrs, the ongoing breakout is supported by a strong bullish candle. However, before the move continues, there will likely be a mini retest around the $4.58 range. It's important to consider that a larger rejection is expected around the $5 to $5.4 range, which could cause a bigger pullback and a retest of the $4.2 range. This presents a better entry opportunity with lower risk. Furthermore, it's worth noting that FIL is currently range-bound on higher timeframes like weekly and monthly, suggesting that a move towards $7 could lead to another retest of the low of the double bottom range, approximately around $3.5. In such a scenario, it is advisable to take some profit off the table if the price reaches that level and starts behaving unpredictably. Breaking the resistance could result in a move toward the $10 range, but there might be some price fluctuations along the way. Although there is a possibility of reaching $11, the probability is estimated at 65%. To manage the downside risk, it is recommended to set a stop loss at the $2.4 range, as a break below that level could lead to further downside. Therefore, while we expect bullish momentum, particularly at the current support level, it is important to remain cautious.
🚨Notice: This post will be regularly updated as the price progresses toward the target or in the event of potential failures due to rejections. We encourage readers to like, comment, and follow this page to stay updated with the latest developments and adjustments. Your engagement and support are greatly appreciated.
To enter, wait for a pullback to take the trade.
📈 FREE MT filecoin TRADE SIGNAL 📈
(Highly Bull Opportunities )
👉 ASSET: TSX:FIL (FIL/USDT)
👉 ACTION: LONG
👉 1st ENTRY PRICE: $3.91, 2nd Entry ; $4.199, 3rd Entry $4.6(wort entry)
(Buy Incrementally)
👉 STOP LOSS: $2.46(Risky Stop $3.24)
👉 1st TAKE PROFIT: $6.5
2nd TP: $7.4 3rd TP: $9.1(Extended $11.4)
Disclaimer: This signal is for informational purposes only and does not constitute financial advice. Cryptocurrency trading carries risk, and past performance is not a guarantee of future results. The user assumes full responsibility for any profits or losses incurred, and the signal provider is not liable for any investment decisions made based on this signal.
Filecoin (FIL) formed bullish Cypher for another price reversalHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin.
Previously we caught almost 20% pump of FIL as below:
Now on a 4-hour time frame, FIL has formed a bullish Cypher move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade.
FILUSDT weekly support and resistance levelsHere the relevant support and resistance levels for this pair on high time frame. The price broke down from weekly level WR1 and hit the weekly support level WS1 and bounced from there. It is currently trading between WR1 and WS1 zone. If the price hit the support zone WS1 again, that will provide a long opportunity. On the lower time frame the price seems to be tending to go down.
FILUSDT DailyHi Guys Hope you well,
Charts show you anything's and please check my last filusdt analysis
SecondChanceCrypto
⏰09/May/23
⛔️(DYOR)
always do your research.
If you have any questions, you can write them in the comments below, and I will answer them.
And please don't forget to support this idea with your likes and comment.
FIL - The project that promised to secure your dataThis is the era of Data.
Data storage, data security, data privacy, and control over data.
FILEcoin being the first project in the field with the original concept has a lot to offer when in the world of AI, data is the food for machines.
Also, the math is on the side of this coin. The bottom for this coin is almost in. With the current price development next fib level bottom is below zero which gives this project the technical freedom to grow. If investors come to see this project the growth from here is exponential up to 1000%.
But, let's not get out of our sight.
here are two scenarios that I think are possible for this coin. in both the scenarios in the mid to long term, coin shows immense potential.
let's see which scenario plays out.
If you like my work, please give it a thumbs up. your support helps me to put more effort in the charting.
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$
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FILUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
FILUSD looks bullish againIn November 2022 we predicted that Filecoin will drop below 3 $:
Now, it's a time for an update and upside targets!
FILUSD looks pretty strong.
The price came back above the resistance which should be acting as a support now.
We may see a few days of consolidations above this key level (5$) which would be very bullish, however it would not be unexpected to see a rally continuation towards 8-9$. MACD indicator shows a positive momentum and it looks strong for bulls. Moreover, If the price breaks above this range, it can shoot up to 11 $ which would be our final target for this short-term trade.
Long-term the price may go much higher.
Good luck!
Filecoin FIL price goes up against the market trendWhile almost the entire cryptocurrency market has entered a correction phase, FIL buyers decided that this was the perfect time to provoke a price increase) Who are we to contradict them?)
Given the good and complete development of the previous idea, it is worth updating our thoughts on the possible future price of the Filecoin token
Looking at the chart, we see two targets for growth: roughly speaking, $7 and $10 , and the two have a real chance to be reaching in the near future.
If you are a medium- or long-term investor who believes in the prospects of the Filecoin project, then the following advice is for you: the closer the price is to $5, the larger your FIL buy orders should be. After all, looking at the global chart, the prospects for FILUSD price growth are at least x10.
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Filecoin (FIL) coin formed bullish Shark for upto 11.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with US Dollar pair.
Previously we caught a nice trade of FIL as below:
Now on a 4-hr time frame, FIL has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FILUSD 30 % drop possible before finding the bottomFILUSD looks bearish .
Resistance acting as a resistance . The price currently is below the key level and 30 % drop is still possibble before finding a potential bottom .
Currently it looks that the price may reach just below 3$ or maybe even 2,5 $ which would be a good buy zone for the next bull market.
Any bounce probably will be a short lifted and the price eventually will go down.
Good luck
Filecoin FIL price "more dead than alive", what next ?Two months ago, we made the idea of FILUSDT, where we wrote that the price was at a critical point near $5.
Unfortunately, the fall in the cryptocurrency market continued, and the FIL price reached the target of $3
Moreover, the price of Filecoin token on 16.12.22 updated its absolute price minimum - $2.42
What do you think caused a -40% drop in the FILUSD price in just 15 minutes on 16.12.22, write in comment?
The most positive scenario at this moment for FILUSDT is consolidation around $3 with further growth to $5
It will be unrealistic to break above this level the first time.
If you believe in this project, the price of current purchases is close to the minimum.
A similar situation on the FILUSDT chart was in December 2018, but there is a nuance, then the BTCUSDT price "trampled" the bottom around $3200, and now Bitcoin is 5 times more expensive (Fil unfortunately not...)
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