RSI is above it's MA for weeksRSI is above it's MA for weeks, and RSI-Min signal has occured.
In addition there's support at 0.0000564
☺
FILBTC trade ideas
Filecoin vs Bitcoin About To Go BullishHere we have a classic reversal sequence. Notice the consolidation pattern (black) that leads to a breakdown (blue), this is normally followed by a trend reversal.
Filecoin (FILBTC) hit bottom and is very likely to turn soon, really soon.
We are seeing all the signals that support this conclusion. A very strong bullish divergence with the RSI, since April 2024. The exact same with the MACD.
We can also see the strong rise in trading volume before the breakdown phase. This also indicates that buyers were anxious to enter the game since early 2024. The breakdown is the market owners taking up liquidity but after this breakdown the potential for a bullish wave strengthens.
We are likely to see FILBTC grow next.
Thank you for reading.
Namaste.
FILBTC - FallingwedgeFilecoin against Bitcoin is forming a multi-year falling wedge, which is a bullish pattern.
Filecoin out of the downwards channelAs you can see the FILBTC-pair is moving out of the downwards channel on the 1HR-timeframe.
FILBTC High Time Frame resistances.Based on Volume, Fibonnaci and Monthly levels.
This coin seems shit, so I don't advise to enter.
FIL/BTC W"Now is a good opportunity to increase your number of bitcoins."
stoploss close weekly candle below support line
Filecoin Is About To Propel To The Mars! HUGE PUMP COMING!Filecoin has the most bullish chart in all of crypto.
As we can see on this BINANCE:FILBTC chart, TSX:FIL has clearly broken out of its long-term downtrend against $BTC. For reference, this is the weekly chart of #filecoin, which is the most important #DePIN (Decentralized Physical Infrastructure Network) coin in existence, and as is common knowledge, DePIN will be the most important narrative for the coming cryptocurrency bull cycle.
Filecoin has also broken out of its long-term downtrend against the USD ( COINBASE:FILUSD ) – see my other ideas for the chart and explanation for this pair.
As we can see on this BINANCE:FILBTC chart, filecoin has not only broken out, but also retested prior resistance to establish it as support. Not only has it retested the previous diagonal downwards sloping resistance as support, but also a previously important horizontal support level (the dashed black line).
The next important resistance Filecoin faces is the 50 weekly moving average (the thick black line). Once it breaches this resistance level, which coincidentally has confluence with an important horizontal resistance level (orange dashed line), there will be no to little resistance until it reaches the first target, which is the solid horizontal black line (137% gain).
When that happens, incredible momentum will have been established and there will be a 99% chance the rally will continue until BINANCE:FILBTC reaches the 200 weekly moving average (red thick red line), which would translate to a nearly 400% increase against bitcoin valuation from its current level.
As previously mentioned, filecoin has also broken out against its AMEX:USD pair, so you have very little time to accumulate this incredibly BULLISH coin before it explodes to levels you thought were impossible. In fact, there is a high probability you will have already been left behind by the time you read this idea.
FILECOIN TO THE MOON!
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.
✳️ Filecoin Next To Move Strong... You've Been Warned! (50-130%)I understand that my followers like Filecoin, so we are going to look at both pairs, BTC and USDT.
This is the chart for FILBTC and it is looking really good.
✔️ We have a mid-term higher low, high buy volume, a bullish cross on the MACD and a rising RSI.
Today's candle is also the biggest in weeks and the first move on the bulls side since the mid-Feb. breakout.
The targets are mapped on the chart.
Enjoy the profits.
Remember to be patience;
To build a plan... It takes time, all of it, always.
If you prepare to wait for weeks, the wait can last months.
If you are prepared for 2 months, you might have to wait 4 or 5.
If you prepare for 6 months, the wait might be a year, etc.
We tend to be a bit ahead of the market when it comes to our expectations...
Now, I expect this to move today... So it can take a few days 😄
Thank you for your long-term continued support.
Namaste.
Quick FIL/BTC Falling Wedge Breakout TargetsBroke out a while back, finally starting to move above 200 day EMA. Hold above 200 day EMA - head to targets, else - re-test wedge top first.
✳️ Filecoin Bullish Breakout... The Beginning (145% Mapped)If you zoom out, you can see that Filecoin (FILBTC) is still trading near the bottom compared to its April All-Time High... Let me show you:
Telling us that there is still plenty of room left for additional growth.
Its been only a few days since our last trade idea for this pair and it is already moving strong... Great, but as I just mentioned, there is more.
The volume today is the highest in more than a month.
This high volume to break above MA200 and EMA100, confirming a real bullish move, not fake, and also opening the doors for so much more growth.
Patience is key.
Don't get greedy.
Remember that complacency and greed will be the problem in a few weeks, not fear and doubt; things change.
Namaste.
✳️ Filecoin | Huge Potential (Name Your Altcoin #29 ✅)Notice here the falling wedge pattern and the dashed blue line marking the June 2022 low/support.
The "cup" pattern in yellow is the stop-loss/liquidity hunt event.
Notice that it breaks out of the falling wedge pattern as well as the June support. This is a whale type of move. Something like "market manipulation"... We can't avoid it, we are small fish swimming with huge whales and we have no protection and so we have to be very smart when trading.
We focus on the long-term.
We use manual stop-loss.
We adapt live to market conditions and more... Just to be able to keep up with all these huge entities that are always fighting to take everything away from us.
This is the game... We have to study, meditate, practice, persist and apply what we learn.
Filecoin has great potential.
Here I only show a few levels but the market is preparing for big things in the future.
The Altcoins vs Bitcoin pairs went through a 85% to 88% correction, which is their maximum.
The Altcoins vs Tether pairs went through a 93% to 98% correction, which is their maximum.
Some people are calling for more.
Some people say the bleeding isn't over...
Well, the type of action we are seeing is not bear market like... But we will adapt if things change.
In the meantime, FILBTC is strong above 0.00020546, very strong.
And bullish above the its mid-December low.
All trading above these levels, the bulls remain in control.
We are set for higher highs and higher lows.
Namaste.
FILBTCIn the first days of 2023, the FILBTC registered a 14% increase, even so it needs to surpass 0.0002164 to be able to break the downtrend it is in. Breaking it, it will seek the MM200 at 0.0002749. The Fil unbelievably corrected over 98%, and recovering the top can be a major hurdle. But the pair itself is worth the Hold as it was designed to be a decentralized cloud storage system. Filecoin launched an NFT storage platform and took over the main NFT market, OpenSea, as a customer.
The position remains open, which in itself is worth holding
Filecoin vs Bitcoin Targets (48% to 150% Potential Next High)Filecoin vs Bitcoin (FILBTC) gave us an early signal 27-November with a very high volume day, the highest since July.
Today this pair moves above EMA50, after a higher low with a strong RSI.
Using the Fib. extension tool we extracted the following targets, short- and mid-term.
The easy target is set at 48% around 0.00040180, followed by a higher high compared to August of up to 150%.
The higher high target price in Bitcoin would be around 0.00067988.
You can see the chart for additional details.
Namaste.
FILBTC 1D FILBTC has already broken the accumulation triangle and passed the MM200, breaking a brutal slab, getting lighter to reach its target. The resistances imposed by Fibonacci at 0.0003061 and 0.0003417 will take a while to reach the target, but not that much. FILBTC alone is worth the hold
FILBTC 1DFILBTC - The top pair to date has corrected around 96.93%, which tells us that the breakout of the triangular figure formed will be up. In addition, the moving averages cross in eminence which gives us another strong indication of an upside breakout. If there is a corrective, its support is at 0.0002035 and its resistances before the target of 0.0003840 are 0.0003061 and 0.0003417.
FILBTC DSince August 1st it has been forming a descending wedge. Fil will face resistances of 0.000303 / 0.0003205 / 0.000344 and after these resistances there is a great possibility that Fil will reach its target. In the opposite direction, you can look for its support, which is the lower edge of the wedge, which is at 0.000262 and with an increase in volume, it will reach the target of 0.000385.
FILBTC 1DFILBTC didn't lose the wedge accumulation figure, it just extended. As it should pass through the movement resistance of the Ichimoku Cloud and surpass MM200, Target should be reached in about 15 days.
FILBTC per site is already worth the HOLD as it is a decentralized, peer-to-peer network composed of Filecoin pairs that engage in different ways. Filecoin nodes are peers that sync the Filecoin blockchain and verify messages on each block, which provide global state once applied. Storage providers serve the network by carrying out different types of business and adding new blocks to the blockchain every 30 seconds, for which they receive FIL rewards.
FILBTC 4HFILBTC appears to be inside a triangle right now. Looking at the movement inside the keltner channel it looks like we are heading towards the first support of $0.000318, but before that we could be close to the triangle breakout. Because it is holding at the median of the keltner channel, the breakout may be more impulsive towards our target.
If it breaks in the next few hours, we can reach the target in a few days.
FIL/BTC 4HFIL/BTC has drawn a triangular wedge and is rehearsing an upward movement, it should only stop at the subsequent congestion layer of the Ichimoku cloud, which layer has trapped it for a long time. Passing it, it quickly hits the target.
Filecoin is a decentralized protocol that allows anyone to rent spare storage space on their computer. The Filecoin mainnet was launched in October 2020.
