Storage
FIL - Storage Coins Leading The Day!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
For those who know me well, know that I have been a big fan of Storage coins like FIL, STORJ, AR and many more...
After the big increase in FIL this week, Storage coins are getting the attention of many investors.
Coins related to Metaverse, Defi and many categories had their time. Will storage coins be the next movers?
Let's get back to our price action analysis ;)
on H4: Right Chart
the bulls took over after rejecting the 5.0 round number and breaking above the gray range.
now what?
on DAILY: Left Chart
FIL is trading inside our red channel, so yes we are still bearish from a long-term perspective.
For the bulls to take over from a longterm perspective, we need a break above the last major low and 20.0 round number.
but first we want a break above the upper red trendline to invalidate it and then be able to test the 20.0
Meanwhile, the bears can still kick in to form a new major swing high around the upper trendline.
in this case, the new swing high will be considered our trigger swing, and the bulls need to break above it for them to take over from a long-term perspective.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
$SC SiaCoin a strong case for the bullsSiaCoin the dentralized storage platform has had a 500% increase in storage used on its network since 2021 constantly growing and repeatedly setting ATH's in usage, the network had 0.5 PetaBytes stored by its users and at writing today has 2.5 Petabytes stored on the network. Behind the scenes of the token itself, the project is consistently growing in its utility and users, the sia network and the coin are paired like an elastic band and its only a matter of time as the sia network pulls further and further ahead that the coin will shoot back to the project and catch up to the gains the network is making.
The calm before the storm.....
In this analysis i've touched on some rough wave theory on the weekly marked by points 1 through 5 and points w,x & y. Ive then also brought in the fibs as it seems to have been respected at the .236 and .5 indicating the possibility of the more significant fibs being tested.
View siastats.info to view the growth of the network.
Aleph.im Decentralized Database- i am always sneaking around for new "Gems" and that project could be one of them.
- it's a "Filecoin" concurent but multichain, not yet famous. Dyor more about this project : aleph.im
- 500M supplies and 0.4$. Price is still very cheap imho.
- What Is Aleph.im (ALEPH)?
Aleph.im is an open-source crosschain network featuring decentralized database including file storage, computing, and a decentralized identity (DID) framework. Aleph.im’s core mission is to help decentralized apps and protocols strip off the centralized parts of their stack, achieving a fully decentralized architecture. You can think of aleph.im as a decentralized AWS or firebase. Aleph.im is focused on supercharging the DeFi ecosystem.
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Trading Plan
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Option 1 : Buy now if you wanna invest for long term because, i am not even sure that this coin will retrace.
Option 2 : Keep juice for a retrace and buy around 0.25$.
Option 3 : If dip more full buy at 0.15$.
Take Profits : Before 1.2$
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invest wisely and stay safe.
Happy Tr4Ding !
$SOUL/USDT 12h (KuCoin) Bull pennant near breakoutPhantasma is up-trending above 100EMA support and has formed a bullish continuation pattern, let's join on next dip!
Risk/Reward= 1:2 | 1:3.82 | 1:7.6
Expected Profit= +44.18% | +84.57% | +168.30%
Possible Loss= -22.14%
Fib. Retracement= 0.786 | 1.117 | 1.618
Margin Leverage= 1x
Estimated Gain-time= 1.5 months
Website: phantasma.io
Contracts:
#ERC20 0x79c75e2e8720b39e258f41c37cc4f309e0b0ff80
#BEP20 0xc3adbf524513863102df6784e1ab5652165c7912
#Neo ed07cffad18f1308db51920d99a2af60ac66a7b3
⚡️⚡️ #SOUL/USDT ⚡️⚡️
Exchanges: KuCoin
Signal Type: Regular
Current Price:
2.5122
Entry Zone:
2.4976 - 2.1934
Take-Profit Targets:
1) 3.3818
2) 4.3292
3) 6.2929
Stop Targets:
1) 1.8261
$BTT/USDT 3D (Binance Spot) Big bull pennant breakout and retestBitTorrent is holding above 100EMA support and is finally showing some bullish pattern on macro view.
That Tron / BSC token is focused on Filesharing and Storage, more info on www.bittorrent.com
Risk/Reward= 1:3 | 1:7.42 | 1:13.9
Expected Profit= +93.61% | +231.93% | +434.28%
Possible Loss= -31.24%
Fib. Retracement= 0.618 | 0.883 | 1.117
Margin Leverage= 1x
Estimated Gain-time= 6 months
TRON10: 1002000
BEP20: 0x8595f9da7b868b1822194faed312235e43007b49
⚡️⚡️ #BTT/USDT ⚡️⚡️
Exchanges: Bittrex, KuCoin, Huobi.pro, Binance
Signal Type: Regular (Long)
Entry Zone:
0.003573 - 0.002873
Take-Profit Targets:
1) 0.006240
2) 0.010698
3) 0.017220
Stop Targets:
1) 0.002216
Filecoin Breaking out - Storage set to recoverShort term price target - $90
Short term outlook - Bullish
Long term outlook - Bullish
Storage coins are finding support and strengthening. This is am amazing part of the blockchain world and will be the future of file storage.
This format might not look exactly like what we see today, but Roam wasn't built in a day!
I am bullish on blockchain file storage over the next month and longer term. I will keep on HODLING. However, this could be a nice entry point for someone looking to get exposure in to this space.
AR: UNDOUBTEDLY THE COIN OF THE FUTUREI am expecting a shift in momentum. At least that is what MACD suggests to me. Is a breakout towards the upside impossible? Nope! However, it seems the less likely scenario. The bowl-shaped formation at the bottom spells nothing but bullishness. The same could be applied to the volume. Golden crosses between EMA50 & EMA100 and MA50 & MA100 indicate bullishness. This coin is on my long-term investment list. Because I want to make profits? Yes, but that's not the whole story. I want to benefit the crypto community as well with this investment and be a part of the huge change that will come to pass in the not-so-distant future.
harmonic analysiscrab, cypher and shark scenarios:
if 3-4=0.61 X-3=$0.00187
crab targets:
0.38 3-4=$0.004
0.88 3-4=$0.01
cypher and shark targets:
1.13 3-4=$0.0176
1.41 3-4=$0.03
1.6 3-4=$0.045
butterfly scenario:
if 3-4=0.78 X-3=$0.001
0.38 3-4=$0.0028
0.88 3-4=$0.01