FILECOINUSDT.P trade ideas
FILUSDT is testing the first demand zoneFILUSDT is testing the demand zone on 0.786 on the 4-hour timeframe, which could potentially provide a buying opportunity for traders.
In addition, the market is creating a falling wedge pattern, which is a bullish reversal pattern. A falling wedge occurs when the price of an asset forms a series of lower highs and lower lows, but the range between the highs and lows narrows over time. This creates a wedge-like shape on the chart, and is typically seen as a bullish reversal pattern.
For a potential bullish breakout to occur, the price of FILUSDT needs to create a breakout from the 6.65 weekly resistance level, which has previously acted as a key level of resistance. If the price manages to break above this level and retest it as a new support level, this could provide a strong bullish signal for traders.
Once the breakout and retest of the resistance level has been confirmed, traders can apply Plancton’s rules, a set of technical analysis rules used by traders, to look for a potential long position in the market.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Filusdt Breaks Descending channelSeems Like fil Is Ready For Bullish Impulse
descending Channel Breakout Has Already Confirmed In h4 Timeframe expecting 35 to 40% Bullish move
Filusdt Trading opportunitySo excited to announce that FILUSDT has completed a major downtrend wave cycle, and our analysis suggests that the market is now poised for a bullish move as soon as the major TRENDLINE holding as immediate resistance break. We anticipate that the price of FILUSDT will move towards the 61.8% Fibonacci retracement zone, which we expect to act as a major resistance for the BULL.
Moreover, we anticipated a potential Inverse Head and Shoulder pattern in the charts, which further supports our bullish analysis. The pattern suggests that the price of FILUSDT will continue to rise, providing a potential opportunity for traders to enter long positions.
We advise traders to watch for a clear break above the resistance level before taking long positions or make a Long position from the RIGHT SHOULDER zone. Additionally, the 61.8% Fibonacci retracement zone should act as a strong resistance level, and we recommend taking Long profit around this level.
Our analysis suggests a potential upside target of $42-$56 for FILUSDT. However, traders should remain cautious and monitor price action closely, as unexpected events can always occur in the markets.
Do make sure to appreciate our effort with your likes. Remember to follow us for latest update and join our live trading update. As always, it's important to conduct your own research and analysis before making any trades, moreover, never risk more than what you can afford to lose.
Filcoin, Technical analyst It is currently involved, so that it can reject the cloud with power, risk-taking people enter, the rest enter after exiting the cloud. In any case, the result may be reversed, caution.
Filcoin , technical analyst 🥺Friends, this shows that we are in the neck line, and we will go up to the specified areas. I hope you will profit, because dear friends, I lost all my capital with a mistake, in the past days, and now I am zero, if you can help me, there is no obligation. If you want, help me, tell me in the message. privately to give my wallet number.help me please 😞🥺☹️😥😫😭💔🙏
Filcoin, Reverse head & shoulderNow let's check in the weekly, it showed me the pattern of the reverse head & shoulder, so we can consider this pattern from the neck line where we are now.
Filcoin, Technical analyst Here it is more specific, we have to complete the pattern of the right shoulder, but then, 3 positions will be formed, either we go up one beat from here, or we go down to the shoulder at the end of the right shoulder, or we go very low, in I put the pictures in the chart in the previous post.
Filcoin. Chart patern I have put some examples of patterns in your Burley chart, which one of these 3 situations may happen for the coin file,head and shoulder, and I have marked the other two patterns with drawings and lines, which pattern do you think the file coin is? Will make ?
FILUSDTAccording to the price chart, it is located in the overlapping area of the Fibonacci price levels. And also the price is near a static resistance and a support trend line.
According to the price pattern on the chart, the price is "probably" at the end of its corrective pattern. In my opinion, this correction pattern should end between the 11th and 13th of March.
And the least I expect after the correction pattern ends is for the price to rise to the top of wave A or 1.
But the main targets of this price increase are respectively $20 (100% Fibonacci extension of wave A or 1 from the bottom of the corrective pattern) and $46 (162% Fibonacci extension).
And finally I see $183 (Fibonacci extension 262%).
FIL/USDT At Major Support ZoneGood morning guys ✌️
Another coin is FIL. Currently reached that major support zone price seems to be struggling to break that zone there which is in line with 100EMA. On bigger picture we are waiting for that zone to be broken but it can take some time so, be patient and keep a straight eye for this zone there!
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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.
Filecoin FIL Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Filecoin FIL are:
FIL/USDT short
Entry Range: $7.80 - 8.50
Take Profit 1: $7.30
Take Profit 2: $6.50
Take Profit 3: $5.60
Stop Loss: $9.60
FILUSD ❕ downtrend lineTrading volumes indicate a renewed market interest in the falling price.
50EMA broke down 200EMA (4H TF)
I believe that the asset will decrease further.
Fil Breaking falling Wedge Seems Like Getting ready for further upside continuation
Breaking Falling Wedge in h4 timeframe incase of breakout expecting 35 to 40% Bullish move
Intraday Short TrialBINANCE:FILUSDT
If you can not keep yourself to open a position :)
You can evaluate this short setup with a tight stop above the local trend line.
May the force be with you.
Good Luck
Filcoin, Technical analyst If it breaks this triangle, great. Watch out for the whales in these areas. ,,😞😥🐋
Filcoin. Analyze On Friday, we saw the attack of whales and banking news, because the news gives this excuse to the whales, they use such news to come in with a specific plan and purpose, however, these events are normal in cryptocurrency, and we have these fluctuations. We have always touched everything, but in general, with all these fluctuations, consider the overall structure of the file like this, and know that the goals of FileCoin are far beyond these prices. In the next 3 years, we will be able to reach very high prices with Hold. let's get
🔥FILECOIN IS GOING TO MAKE ANOTHER 40% PUMP AFTER THIS🔥 Hi friends! Filecoin is the biggest storage blockchain platform in the world. Like other storage platforms, its use case is relatively simple to grasp. Unlike centralized storage platforms like Google Cloud and Microsoft Azure, it uses decentralize storage platforms.
Now FIL grows after the huge dump. If you know the main trigger of this pump, write in the comments.
📊 TRADING PLAN FOR FILECOIN:
Filcoin consolidates inside the channel but already breaks the value area up. It confirms the bulls presence. Actually, we need to wait the breakout of the channel up and the test is at support to open a long trade trade.
I recommend you open a long trade when the price break the channel up and successfully test it as a support.
🚩 If the price will make a false breakout of top of the channel, it will be a good signal to open a short trade because this accident shows the bulls weakness. You can see the same case at the beginning of December (red area), when the price break the important value area but break it down and the price fall for -35%.
✅ MY TARGETS FOR FILECOIN:
🔥 $4 - the key level
🔥 $4.35-4.5 - the value area
🔥 $5 - the key level
💻Friends, press the "boost"🚀 button, write comments and share with your friends - it will be the best THANK YOU.
P.S. Personally, I open an entry if the price shows it according to my strategy.
Always do your analysis before making a trade.
WHAT ABOUT $FIL ?BUY $FIL #FILUSDT after a daily close above 7.60
Target and SL on the chart
Don't buy now ,wait for the break.
Filcoin, Bart patternAdditionally, the triangle on the witness chart is broken upwards We see the Bart pattern.
FIL/USDT 500% Potential from here so Which is Good Entry?#FIL/USDT Technical Analysis:
Currently, $FIL is trading at $6.10, which is a significant -97.65% down from its all-time high.
The cryptocurrency has gone down -99% from its peak but has recovered well in the past three months, rising up to 300%.
It is still 122% up from its recent low in December.
At present, the market is in an uptrend, but a significant upward rally is expected only after some more retracement.
It is possible that the price could drop by another 20% from its current level before an upward trend begins.
The best entry point for investors would be at the support level area.
For the cryptocurrency $FILUSDT to be fully in bullish mode, it needs to break upward the resistance level at $9.
Once this happens, the price could reach the target of $26 in the next bull market.
It is possible that the price may go higher, but a minimum target of $26 seems reasonable.
Investors should keep an eye on the support level at $4.80 and the resistance levels at $8.95 and $26.10.
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