FILUSDTPERP
FILUSD Appears to be in a false breakout - 4HI believe we could be in the middle of a false breakout to the downside with FIL.
Breakouts of solid trends are almost always accompanied by a huge volume candle to confirm the demand. This breakout happened on very very weak volume, likely because of FILs correlation to BTC. I forsee a whip back above the triangle, and then a possible retest down to the red line marked on the chart before continuing higher.
I am bullish on FIL. It is only a matter of time before mainstream catches on.
FIL - Culmination is near🥩
BTC direction is uncertain, so use only half of usual volume .
- Level is clearly visible
- 5th touch
- Volume at top
- Under VWAP
- 50 ATR
- Lenth of formation is >400 bars
- Will enter when price squeezes to the level on lower timeframes, the base will form and the strip will get faster.
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
FILUSDT, The price is moving rangingHello everyone
Finally, We have some request to update FIL (Filecoin) and we will did it for you guys
According to the chart as you can see the price is moving on ranging zone that we shown on chart, it has no trend in this time but if you wanna do some scalp trading we shown the zone for buying and selling that you can do it .
Filecoin it can be a part of future but it depending some factors that should be happen and after that FILE can go and reach to the target more than a thousand dollars but you should check the factor to know its happening or not, DO NOT TRADING AND HODL IN BLIND.
Dont forget use stop loss and observe to capital management if you wanna take position but its better to take short position according to the trend of market but it depends on yourself.
Our Prediction for the price of FILECOIN in bearish market is below the 2$ but this is just prediction do trade with your own strategy
Good Luck
Abtin
Previous analysis :
FILUSDT on Binance- Macro Down Trend Breakout -Target 170%~1500%Filecoin On binance is ready to fly FILUSDT
Safe Entry after a daily close above 22.3 with a 170% Expected Profits.
Agressive entry Now at those support levels with a stoploss at 15.5$
IF IT LOSSES 15$ then Re-Buy at 10$ with same targets.
TP1 31$
TP2 50$
TP3 95$
TP4 165$
TP5 300$
DYOR.
FILUSD Bull Attempt at Gaussian ChannelOn the left FILUSD shows a bull rejection from the upper band of the 'Gaussian Channel' indicator on this Monthly timeframe, this coincides with a downward trend that has recently been broken (dotted line)
On the right the BTC pair shows on the daily chart a bullflag confirming the bullish state of FIL
FILUSD - 1D - Perfect Entry Right Now - Wyckoff AccumulationCOINBASE:FILUSD
I am still extremely bullish on Filecoin. It has held to Wyckoff Accumulations/Distributions in the past, so we can be fairly certain that it is likely to happen again.
We are finishing the spring formation now. This is THE BEST time to get in. "Why", you ask? I'm glad you asked. Because our risk:reward ratio is never better than in a spring. Go long at this point, and then set a stop loss below the lowest low point of the spring. Even if the trade turns against you then you're stopped out at nearly nothing of a loss.
You can see my projected dates and profits at the right side of the chart. If you buy and hold I do see the possibility of a ~400% profit. It could take much longer than this, but either way... we are headed there.
FIL has been accumulating/consolidating for almost 200 days. For a crypto, this is unheard of. I have a feeling it will explode within the next 7 days.
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
FILUSDT symmetrical triangleA symmetrical triangle pattern can be seen in the filecoin FILUSDT chart
In the collision of the price with the Key-Level, which is the same as the uptrend line
And on breakout the descending line of the triangle, you can enter into a deal according to risk and capital management
🔵 Long on triangle breakout or set on Key Level 23.65
🟢Target 1 25.60
🟢Target 2 27.80
🟢Target 3 29.60
❌Stop loss 22.85
I hope it is profitable for you
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FIL USD BULLISH DIVERGENCEFilecoin 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
FIL is reaching ₿ottom soon - We are approaching the stage where accumulation prices start to get interesting.
- After an 87% drop from ATH, it doesn't make sense for it to be a distri₿ution.
- The main trend line is overcome, we can see that this is not an impulsive dump ₿ut a slow decline.
- Wave C may take some time to reach the very ₿ottom, after which I would expect a sideways move with HH & HL
-Please leave a comment ₿elow the chart with your opinion on the matter. Thank you :)
FIL 1D Upward growth cannot be avoidedA year ago we made a forecast on FILUSDT where we estimated a possible bottom and buy zone.
It was good work then, and then we made a whole series of accurate forecasts for FILUSD
And all because it seems to us that there is a powerful MM sitting in the coin, which quite technically moves the price. Anyway, if you want to read about the project and our thoughts on it, all ideas are open in our search engine on tradingview.
And now to the current situation. It seems that now there is pro-trading and searching for the bottom, similar to last year.
The only question is: does the consolidation end now and the price goes up in the green fractal, or will it continue going through another month and enter the blue fractal?
It turns out that the first growth target for the FIL is around $80 , which is x2 of the current price.
The global growth target above the maximum price is around $370 (we don't take into account squeezes that took place at listing on many crypto exchanges in 2020)
Write your opinions about possible Filecoin token price movement in comments under the idea and share your charts.
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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