FIL my cup!Looking like a cup and handle, yes it can be a reversal, google it! Marginable on Kraken! My favorite kind. Sorry Binance is china booby trap! I know there is a lot of gains on there.
FILBTC trade ideas
Crypto|FIL/BTC|LongLong FIL/BTC
Activation of the transaction only when the blue zone is fixed/broken.
The idea is to work out the resistance level .
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ Maybe right now we will go even lower, then it's okay, the idea is not activated and simply canceled.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
Blue zones - activation zones.
Green zones - take zones.
The red zone - stop zone.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Orange arrow - the direction of take.
Blue arrow - neutral scenario without activating the trade.
The red arrow - the direction of the stop.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
Potential Filecoin (FILBTC) breakoutKeep an eye on Filecoin over the next day or so. It's pushing up in to a nice press point. I'm watching for it to push through this level, close a 4hr above the top of the box, then come back to test the level for an entry.
Alternatively it could just blow through and run to the target. Solidly bullish candles (little to no wicks on top, strong wicks under) pre breakout might warrant an entry.
filbtc pair downtrend ends and round bottomfilbtc for ref use it with filusd pair. forming rounded bottom a coiled spring ready to release.
FILBTC to pump in near-termFILBTC head & shoulders at base/bottom + double bottom.
FILUSD recently broke out of falling wedge. (1H)
Double bottom pattern might be arguable and not exact/accurate (around 200 pips in difference)
Already opened two long positions on last test of support at 0.00067
Filecoin, which works on top of the IPFS protocol, is still low marketcap for what it fundamentally is, so you know.
Knowing the current total storage space of the network is 1.000 petabytes or 1 billion gigabytes.
Trade 4 - FIL / BTCHi guys,
With the current market being bullish on BTC pairs i'm looking for ALTS bottomming, showing sings of reversal on 4H and 1D timeframes.
An example of this it's FIL, with a downtrend on the daily but signs of reversal on the 4H.
For bullish/reversal signs we got:
Double bottom on the 4H with RSI bullish divergence.
Price breaking through the Tenkan/kijun and the cloud with volume.
Bullish Tenkan/Kijun Cross.
Rsi down again to the 50's lvl.
Price retesting a daily resistence now turned as support.
Price retested the 0,5 fib level from the move up.
I think we could see a lower entry on the 6336 level that matches with the bottom of the cloud and the Kijun, but looking to the strong of the market right now i prefer to go in at this price. Another options is scale the position 50% now, 50% on that area.
Finally, we got two targets, both daily resistance.
FileCoin/BTC 4hStarted little uptrend after making new low. Currently still in a major downtrend but interesting to see where this little trend goes.
Filecoin - Breaking out, or more down?While I'm bullish long-term with Filecoin, it's been brutal watching this project battered and left for dead. And dead they most certainly are not. Filecoin has launched it's mainnet, and it's creator also created IPFS, a decentralized file storage mechanism that's quickly becoming more and more popular, This is bullish for Filecoin. So is Filecoin's narrative - decentralized file storage - at just the time when the world needs a decentralized alternative to Amazon and other centralized providers. I'll believe the baby uptrend I'm seeing on the 15 minute chart if it can breach our trendline and find support above it. Otherwise, we retest 20 at minimum and probably below, just to demoralize holders some more.
bearish movement on fil btcuntil now, there is no recovery or turning sign on fil/btc, maybe it's needs to waiting for some weeks to see the place feel can turn his trend to upward movement .
Crypto|FIL/BTC|LongLong FIL/ BTC
1. The beginning of the decline in the level of BTC dominance .
2. Weakening of the growth dynamics of BTC/USD near ATH .
3. General consolidation of altcoins after a downtrend (to BTC ).
4. Inflow and redistribution of new money in the market.
5. General growth trend of the crypto market.
6. Change in the trend dynamics after the fall to consolidation.
Take level 0.0017077.
The risk-stop level is fixed at 0.001504.
$FIL FileCoin Quick Analysis Overview ( @Filecoin )Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today .
Filecoin is a peer-to-peer network that stores files on the internet, with built-in economic incentives to ensure files are stored reliably over time.
I remember how hyped was Filecoin when it launched, a lot of profits were made when it found its top and it was in a downtrend till now.
Finally i can see some traction and seems like the downtrend is broken with huge volume.
Risk: 5
Reward:8
Peace.
🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌
P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
upcoming breakout?EMA and price action is coiling in a triangle with a base being built on the 55 ema . As it's reaching near the apex, time will tell. whether it breaks up or down. Perhaps the support from coin base pro may finally give this thing some legs.
FIL/BTC (Short Term Uptrend is Over?)💎Technical Analysis Summary💎
BINANCE: FILBTC
-After the strong rally last October 26
-The price has decided to cool down
-After breaking its key support around 24000s sat
-This breakdown is likely forming a small Bear flag
-Which is technically not good in the short term price action
-If the Bears can send more follow-through in the coming few hours
-The potential downside target is around 18000s sat
-Always adopt what the market is telling you
-The price will dictate where it wants to go
-So act fast and always follow your trading plan
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Not Financial Advice 💸
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