Filcoin, Technical analyst It is stuck in this triangle and corrected from 9.53 to 5.92, so if it can break the triangle, the correction is complete and if it can't, it goes below the previous resistance areas, remove Elliott from your indicators.
FILECOINUSDT.P trade ideas
FilThe coin file has the possibility of growing up to the specified numbers Put it in your watch list to check I emphasize the direction
Filecoin 1D TFHello dear traders,
At the time of charting FIL the price is trading at 6.218, and has broken with strong volume above the rising wedge in the 12HT as seen below.
Here are some key fundamentals about FIL:
Overall, Filecoin is a promising project with a strong focus on decentralized storage and data security. Its growing adoption and partnerships, along with its recent updates, make it an interesting cryptocurrency to watch in the coming years.
Recent Updates: Filecoin recently launched its mainnet in October 2020, and since then, it has made several updates to its protocol to improve its efficiency and security. In February 2023, Filecoin announced the release of its latest update, codenamed "Hydra", which includes improvements to its storage and retrieval markets, as well as
Market Cap: As of March 5th, 2023, the market capitalization of FIL is approximately $9.32 billion USD, making it one of the top 20 cryptocurrencies by market cap.
Partnerships: Filecoin has formed partnerships with various companies and organizations, including Protocol Labs, the InterPlanetary File System (IPFS), and the Ethereum Foundation, among others. These partnerships are aimed at improving the functionality and accessibility of the Filecoin network.
Adoption: Filecoin has seen growing adoption in the decentralized storage space, with a number of startups and businesses using its network for their storage needs. In addition, several decentralized applications (dApps) have been built on top of the Filecoin network, including NFT marketplaces, gaming platforms, and social media platforms.
We shall follow up further on FIL as price and time unfolds directions,
till then trade well my friends Stay safu and let that sink in.
Filecoin (FIL) is Expected To Fall More in The Coming DaysFilecoin (FIL) is Expected To Fall More in The Coming Days
After the Silvergate problems, it looks like the price fell below important price areas.
Despite the fact that FIL is a very strong cryptocurrency, this bearish development may push the price down further.
It looks difficult for the price to recover so easily.
You can find more details in the video analysis.
Thanks and good luck!
FILUSDTFILUSDT at 6H follows its triangular accumulation wedge, reaching its narrowest part, that is, it could break at any moment. your wedge.
In its favor is the RSI, which is highly bullish, and the MACD bullish.
On the 1H chart:
RSI: Exhaustion of Buyer Forces
Supports: 5,938 / 5,869
Resistances: 6,099 / 6,260
Filecoin is the world's largest decentralized storage network, which allows users to store, request and transmit data through a verifiable marketplace. Filecoin is fully open source. The protocol runs on a reliable system that combines Proof of Space-time (PoSt) and Proof of Replication (PoRep), which provides a solid foundation for storing the world's most valuable datasets, minimizes economic barriers, and allows users to take advantage of your networking capabilities. IPFS, a Web3 file system on this system, allows developers to access data over the network.
FIL/USD - Bearish Continuation FIL/USD is looking bearish on 1 and 4 Hour charts. Expecting the down trend to continue.
FILUSDTThe daily FILUSDT is currently on the lower edge of the accumulation wedge, with plenty of room to rise, even more so with the RSI indicating extreme exhaustion of selling forces.
If it breaks down, it will look for MM200 which will be a powerful support at $5,132
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Here are the supports and resistances on the M45 team:
Let's start with the support line:
6,002 / 5,846
Now let's move on to the resistance line:
6,188 / 6,335
RSI with exhaustion of selling forces, has plenty of energy for further upward movement.
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Filecoin is a decentralized platform for data storage. The Filecoin project was launched by technology company Protocol Labs, based in California, in 2014. The main objective of Filecoin is to create an efficient solution for data storage, based on IPFS (InterPlanetary File System) decentralized network protocols. The main idea is that its users install special software that allows you to store data on PC hardware. As a reward, users receive Filecoin.
FIL LongFIL, just follow lines ;)
Weekly chart suggest uptrend, now i want to catch this 1D retrassement.
FILUSDT Elliott Waves AnalysisHello friends.
Please support my work by clicking the LIKE button👍(If you liked). Also i will appreciate for ur activity. Thank you!
Everything on the chart.
Entry: market and lower
Targets: 7 - 9.5 - (~11.5)
after first target reached move ur stop to breakeven
Stop: ~2.8 (depending of ur risk). ALWAYS follow ur RM .
RR: 1 to 6
risk is justified
Good luck everyone!
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It's not financial advice.
Dont Forget, always make your own research before to trade my ideas!
Open to any questions and suggestions
FIL/USDT waiting for re-test Hey, traders ✌️
FIL/USDT pair is next to watch out for. After Asians market opened, price broke that support zone with aggressive movement and currently going under a correctional movement which can result the breakout from re-test zone. Waiting for more confirmations here and once we good we are going in!
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Swallow Team
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
FIL ANALYSIS (30M)Hi, dear traders. how are you ? Today we have a viewpoint to SELL/SHORTthe FIL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
$FILUSDT pair, 3-6% gain, Break out for resistancePotential 3-6% gain with risk reward ratio of 1:6, can buy a position below gann box.
FILUSD ❕ above the rangeTrading volumes declined on correction.
FIL trades above the range.
I expect that the asset may rebound after fixing above the upper boundary of the range.
FILUSDTPERPThe comments and recommendations contained therein are based on the personal opinions of those who comment and advise. These views may not be appropriate for the financial statements and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not yield results that meet your expectations.
FIL 1H BUYFIL 1H support is now at ~$6.755
Enter 50% at the current price
and try to set some BUY orders near the support zone
If FIL stays above the trendline,
the Take-Profit target would be 5%, 10%, and 15% from your entry
Cheers
Filcoin, Technical analyst Guys, the downtrend ended at around $4. The Target in the short term are clear in the chart.
Filcoin, Technical analyst The structure of the cup pattern, and the aim is higher than the previous ceiling.
Filecoin Pump & Dump FIL/USDFilecoin made a strong bullish move to high 9 usd but peaks and starts to look weak immediately. Currently technicals show a strong bearish technical eyeing the 5 dollar area.
Targeting mid to low 5 dollar area
FILUSDT(based on NEo wave)I hope you used the last analysis of Fil,
the short term correction is going to finish and this is a second chance to buy it.
I think this price zone is good for buying but do not forget the SL.
Filcoin, Technical analyst After failing in the correction process, it pulled back and now I'm waiting for the climb. It goes up to the specified areas.
FIL possible long - simple invalidationHi, FIL is holding up nice - if BTC gives us a break we might see a sound push - clear invalidation in case of sub JUN level acceptance
