File Ready for a nice pump?Filecoin is yet to pump like the rest of the market. Looks like it could be next. Please do your DD, not investment advice. Please like if you find helpful.Longby BlackisKingUpdated 33
first HH is a opportunity to buy filewe need to see first HH in filecoin . if that happened with good momentume that a good opportunity to buy your first target is 17 $ - 26 $ - 32 $ be patient and don't be greedy this is my analyse it's not a recomandation to buy or sell !!Longby smocksPublished 16
FIl USDT#FIL price update everything is on the chart Always use stop loss Longby TheCryptoCityPublished 12
File Coin: Technical Analysis And Price PredictionWhat is File Coin and why is it a hot topic? Filecoin is a decentralized, peer-to-peer digital storage marketplace leveraging blockchain technology, built on top of the InterPlanetary File System (IPFS). It enables users to rent unused hard disk space and earn FIL tokens. It functions as a decentralized storage network, allowing individuals to rent out storage space and purchase storage on the network. This distributed approach ensures data is stored across multiple computers globally, enhancing security and resilience. Filecoin is the leading DePIN project offering decentralized cloud storage solutions. It allows users to store content redundantly across devices worldwide, ensuring robust backups and censorship resistance. Fundamentals FIL is in 26th rank with a market cap of $5.12 billion, a 24-hour trading volume of $702 million, and a circulating supply of 519.79 million FIL tokens. Its maximum supply is set at 1.96 billion tokens, leading to a fully diluted market cap of approximately $19.28 billion.The market dominance is currently 0.20% As of now, FIL is priced at $9.84, quite a drop from its all-time high of $237.24 recorded on April 1, 2021, three years ago. On the flip side, its lowest point of $1.83 was noted on August 30, 2019, five years back. These price movements reflect the volatility and potential opportunities in the FIL market, making it an intriguing asset to watch for investors and traders alike. Technicals In our analysis of Filecoin's performance on a weekly time frame, we observe a compelling retest of its long-term resistance zone, hovering around the $10 to $11 mark. Since the second week of October 2023, Filecoin has exhibited robust price action, surging from its firm support level of $3.08 in tandem with overall market sentiments. February notably showcased significant uptrend, with consecutive weekly momentum candles and closures signaling a breakthrough past immediate resistance, closing above $11. Should Filecoin maintain this momentum above the resistance level, a continuation of the upward trajectory toward the $18 to $22 range becomes increasingly feasible. Furthermore, given the prevailing market trends, bullish targets could extend to $60, followed by $114, and potentially $164. The steady increase in volume paints an ambitious picture, indicative of heightened market participation. As institutional investors, often dubbed smart money, enter the scene, we anticipate further upward momentum. Key technical indicators corroborate this bullish sentiment: RSI(14) stands at 68.92, signaling a bullish outlook on a weekly timeframe. MACD(12,26,9) remains at 91.49, maintaining its bullish stance, while ADX(14) at 44.75 indicates a strong trend. Moreover, bullish crossovers are evident in both short-term (5 & 20 DMA) and medium-term (20 & 50 DMA), further supporting the positive outlook for Filecoin's price trajectory. Market Sentiments The Crypto Mood Index currently sits at a staggering 82, reflecting a state of extreme greed among investors. This fervor peaked at 92 when Bitcoin surged to a new all-time high of $69,000. Amidst the excitement surrounding sectors like AI, Web3 Gaming, DeFI, and ETFs, a relatively new narrative gaining traction is DePIN (Decentralised Physical Infrastructure Networks). This burgeoning sector within the crypto market has captivated the interest of thousands of traders eager to seize the early adopter advantage. At the forefront of this movement is Filecoin, a pioneering decentralized peer-to-peer infrastructure network (DePIN) protocol that initiated an ICO back in 2017. Functioning as a decentralized file storage network, Filecoin empowers users to leverage their idle computer storage and earn TSX:FIL tokens in return. Storage providers, in turn, are rewarded with TSX:FIL for hosting files on their available storage space, fostering a dynamic, market-driven pricing model. Filecoin has already demonstrated its utility across various use cases, including data backup for the Internet Archive and facilitating support for multiple formats within applications such as Audius and Huddle01. Notably, the integration of Filecoin with major decentralized exchange SushiSwap holds the potential to reshape data management within decentralized exchanges. Key operational metrics further underscore Filecoin's robust presence in the market: Total Value Locked (TVL) stands at an impressive $3.56 million (Source: Defi Llama), while the average number of Core Developers over the past 30 days amounts to 44. Additionally, the platform's revenue over the same period totals a substantial $228,450. These metrics not only highlight Filecoin's ongoing activity but also underscore its significance within the broader crypto landscape. Conclusion Filecoin stands at the forefront of decentralized peer-to-peer infrastructure networks (DePIN), providing a robust file storage ecosystem that empowers users to monetize unused computer storage while fostering a dynamic marketplace. With integrations like SushiSwap and diverse use cases, Filecoin continues to solidify its position as a key player in the crypto landscape, offering both utility and potential for investors and users alike. Longby MudrexPublished 19
FIL has bullish signs! 🎗#FIL/USDT 🎗 LONG Leverage: (10.0X) Entry Targets: 1) 9.21 2) 9.00 Take Profit Targets: 1) 10.35 2) 10.80 3) 11.30 4) 11.84 5) 12.51 6) 13.01 7) 13.50 8) 14.00 Stop Targets: 1) 7.56 🟡Chart is speaking it self! _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ Thank you for seeing idea . Have a nice day and Good luck 🔴This is only an idea and not a financial advise ( NFA )🔴Longby Break-PointsPublished 10
buy fil....in the weekly time frame. The resistance line of 9.851 has been broken and the long-term box has broken. And this coin can start its upward trend. And this movement can continue until higher resistances. With investment management, you can buy the fil coin.Longby abolfazl_prlPublished 16
FIL/USDTTriple Bottem has been formed also bearish divergence on RSI. I m taking Long as i have been telling you regarding ALTs Mini Bull run since july when i post about RUNE. I m long this my targets will be 6.4$-9.7$.Longby hamzashabbir990Updated 5
BTC Will going to 90000$ soon!I Really don't want to describe this one if you are smart enough but believe it! 🚀💲Longby kiyanOnePublished 10
FILL INCREASE VOLUME TRENDFILL can increase in the coming time frames since it has a volume increase trend. we will check if there is a confirmation coming.Longby SatochiTraderUpdated 1113
500% Hello As the chart shows us there is a broken static-resistant zone and tons of money is ready to in.Longby satooshi1242Published 1136
Once upon a time an idea...(long term)not a financial advice we can distinguish a beginning of a reaction in 4h, project and hype need to be checked, maybe another project will do better, maybe it will wake up at the alt coin season...to monitor...anyway the chart is saying "positiv" for the up trend !Longby JustaTechGuyPublished 116
FILUSD - Additional Long to our standing oneFilcoin additional long as we have been bullish on it since a few months ago. Minimum risk maximum upside - Dragon - Key support level - Bullish DivergenceLongby SynergyTradingSetupsUpdated 12
FILUSDTFILUSDT * we can see FIL it has been in very long time resistance. * now broke the resistance in weekly time frame and close candle above * what are you waiting now? isn't time to make good profit? Longby OliverHannaPublished 15
fil coin BINANCE:FILUSDT :The FIL coin has formed a cup and handle chart pattern on the daily timeframe. This pattern is typically bullish, and it suggests that the price of FIL could rise after it breaks out of the handle. The breakout point is at 9.53, so if the price of FIL can close above this level, it could be a sign that a new uptrend is starting. However, it is important to remember that no technical analysis pattern is 100% accurate. There is always the possibility that the price of FIL could fall instead of rise. Therefore, it is important to use capital management when trading FIL or any other cryptocurrency Longby remykhPublished 6
FIL Temporary Retrace about to happenWe just had two awsome pumps on FIL, and as much as I want it to keep pumping, the ascending wedge during an uptrend can be a sign of a looming reversal. The bottom of the trend line was broken once (by me, sorry folks, I panicked) at $10.54 and we are hitting resistance at $10.80. If the candel falls below the bottom line of the wedge again, it could be a retracement back down to the $9.90 range or worse $8.90. So tread lightly. Longby TheCoinCowboyUpdated 5
FIL ascending wedge breakdown"A rising wedge is generally a bearish signal as it indicates a possible reversal during an uptrend." The breakdown has started for FIL and I believe the price will retrace abit before it can start a new leg higher.Longby TheCoinCowboyPublished 3
FileCoin Toward 8$ zoneStrong Support: FIL is seen as a buying opportunity. Market Structure: On the 4-hour chart we have twice a break of structure(BOS) which is a bullish reversal, we have HH $6.19 LL $4.4 Golden Cross: This bullish signal is also observed, further supporting the optimistic view. Trading Strategy: Stop Loss: Set at Fib retracement 0.5($4.93) - 0.667($4.18) Profit Targets: Fib Extension 2($8.9) 1.618($8.1) First Target: $8.1. At this level, you suggest taking 30% of the profit. Second Target: $8.9. This is where I recommend taking the biggest portion of the profit remaining 100% of the position. Risk Management: My strategy includes a clear plan for taking profits at different levels, which helps manage risks and secure gains. Personal Opinion: This is my opinion and encourages others to take profits staggered, as per my suggested levels. It's important to note that this represents a personal viewpoint and strategy, and market conditions can change unpredictably. Traders should research and consider their risk tolerance before following any trading strategy. Please note that this analysis represents my perspective and is not professional financial advice. I am not a financial advisor. Each individual needs to do their research and consider all risks before making any investment decisions. Markets can be unpredictable, so informed and cautious trading is always recommendedLongby MarketPaxUpdated 10
📊#FIL continues to explode, where is the next TP❓🎉I am very happy that the market has developed as expected. We found the opportunity to enter the long market when the price returned to the neckline buying zone. We have now locked in 80% of the main profit. Congratulations to the friends who followed Wolf King to print money. reaping profits of around 1700%+.🎊💰🍻🍻🍻 🧠From a structural point of view, after we broke through the previous high, a larger-level double-bottom long structure was established. Combined with the daily-level bull continuation, we will pump higher.🚀 ➡️From the perspective of wave theory, it seems very reasonable for us to go to the target area of W1.✔️ Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯 Longby wolf_king888Published 3
Filecoin (FIL): A Potential Buy Opportunity in the Spot Market Filecoin (FIL) is a decentralized storage network that allows users to store and retrieve data on a global network of computers. FIL has been trading below $9.8 for 658 days. However, the recent price action suggests a potential breakout. Technical Analysis The daily chart of FIL shows that the price has been consolidating between $8.5 and $9.8 for the past few months. However, the recent price action suggests that the bulls are in control. The price has broken above the resistance level at $9.8 and is now trading above the 200-day moving average. This is a bullish sign that suggests that the price could continue to rise in the short term. Two Stop-Loss Strategies Two stop-loss strategies can be used to protect your profits if the price of FIL reverses. The first strategy is to place a stop-loss order below the support level at $8.5. This will ensure that you do not lose more than 15% of your investment. The second strategy is to place a stop-loss order below the 200-day moving average. This will ensure that you do not lose more than 25% of your investment. RSI Indicator The RSI indicator is a technical indicator that measures the momentum of a price movement. The RSI indicator for FIL is currently at 75. This indicates that the price is overbought and could be due for a correction. However, the RSI indicator is not a perfect indicator and should not be used as the sole basis for making investment decisions. First Target The first target for FIL is between $17 and $25. This is a significant resistance level that could prevent the price from rising further. However, if the price breaks above this level, it could continue to rise to the next resistance level at $35. Conclusion FIL is a potential buy opportunity in the spot market. The recent price action suggests that the bulls are in control and that the price could continue to rise in the short term. However, investors should be aware of the risks involved and should use stop-loss orders to protect their profits.Longby saeedalipour93Published 4
Possible playout for Filecoin !FIL / USDT breakout retest on high time frames If BTC continues its bull trend ..this will have a high chance to push hard The most important resistance levels are marked in my chat Keep an eye on it Longby BabenskiUpdated 7782
filecoin going uppppfilecoin didn't flinch much last 2 days above 8.22 we go 37%up dyor resistance fliipinng intoo supporrtttLongby akempire32Updated 10
FIL IDEA Filcoin has the potential to either break through the major resistance represented by the horizontal red line and reach a new yearly high, or experience a significant dump. The outcome remains uncertain. by Ener-tradersUpdated 7