$FILUSD File Coin - Explosive opportunity ahead 172%Ladies and gentlemen, this just caught my eye. It's one of my favorite types of patterns, incredibly reliable, and this one has so much upward potential and is actually an extremely great idea, decentralized cloud storage on a Blockchain, this is industry disrupting stuff, and I just learned that the entire Solana ledger is now stored on the File Coin network... Sounds like a pretty big deal.
Now might be a good time to buy around seven dollars, but it is just a wee bit too over bought for me, expanding up just a little too fast and I'm looking for a retracement to 6.25 before I dump everything and jump in. And I will, this one looks perfect from a chart standpoint to me. Got my finger on the trigger. $6.25 to potentially $17 is 172%
6.25 to $10 first test for pullback.
This is happening across a huge number of charts right now, this general pattern, they're all popping off one by oneโฆ No guarantee this will come back down to 6.25 but I need more confirmation before I jump in this high.
From ChatGPT:
Filecoin (FIL) has recently experienced several positive developments:
1. Industry Recognition
Fast Company's Next Big Thing in Tech: The Filecoin Network was honored in Fast Company's fourth annual "Next Big Things in Tech" list, highlighting its significant impact on decentralized artificial intelligence.
FILECOIN
2. Network Enhancements
NV24 Upgrade: The Filecoin network implemented the NV24 upgrade, introducing critical improvements in security, developer functionality, and economic stability.
FILECOIN
3. Strategic Collaborations
Solana Ledger Integration: In collaboration with Triton One and Dcent, the entire Solana ledger is now securely stored on the Filecoin Network, marking a significant step in cross-chain data storage solutions.
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4. Market Performance
Price Recovery: FIL has shown a 142% increase from its lowest point this year, trading at around $7. Analysts predict a potential surge to $30 in the ongoing bull run, indicating growing investor confidence.
INVEZZ
FILUSD.P trade ideas
3 Altcoins Rejecting the $5 mark!Since you enjoyed my previous post about 3 Small Cap Crypto to watch...
Here's an interesting one about altcoins retesting the $5 round number:
BINANCE:FILUSDT
FIL broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number.
BINANCE:PENDLEUSDT
PENDLE broke the structure and $5 round number. As it retests the support and lower green trendline, I will be looking for trend-following longs and target the upper bound of the channel around $7.
BINANCE:RUNEUSDT
RUNE broke the structure and $5 round number. As it retests the support, I will be looking for trend-following longs and target the $10 round number.
Which altcoins would you like me to cover next?
All Strategies Are Good; If Managed Properly!
~Rich
FIL Long Setup: Bullish Opportunity AheadFIL is showing a strong bullish setup with significant potential for gains. The first target offers a 50% upside, while the second target presents an impressive 200% potential gain.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always conduct your own research and consult a financial advisor before making trading decisions.
Filecoin firmly above invh&s as Goldencross occursPrice needs to flip the ascending white trendline to solidified support to be fully confident that price wont try to dip back below the inverse head and shoulders neckline again, and as of now that white line is still currently resistance, but with the golden cross just occurring and the way most alts have been bullishly responding to their golden crosses the same day as the cross, coupled with the fact that the white line has not had much strength behind any of its price rejections thus far, makes me believe we will see priceaction flip the ascending white trendline to solid support before too long. I will be looking for the dotted measured move line from the invh&s breakout to attempt to maintain support and if not then the next support below that is the inv h&s neckline. After that the final support is the thin bluish green colored 21 moving average. I anticipate one of these three supports will ultimately hold. *not financial advice*
Filecoin update- everything is in chart and simple as always.
1. Wait for a trend breakout ( and wait for a weekly candle confirmation ).
2. Wait for a buy if back to bottom around 3$.
- Unload around 20$.
- if it breaks 20$-27$ and altseason starts.
- it's a free fly ticket to 120$.
- Your trade, Your Decision.
- Stay S4fe !
Happy Tr4Ding !
FIL in weekly chart Hello
I do not have anything to say about this monster and I can't even predict how high it will rise but all I know is that its lowest price was around 2 USD about 2000 days ago and it is now 4 USD (just for now).
I do not want to analyze it and decision by yourselves.
I am 100% sure that what is going to happen that ever and never happened in other markets all around the world in any periods.
Wait and see
Thanks
Potential invh&s on filecoin daily chartNot guarantee this plays out and usually nor wise to chase an inv h&s trade until the right should completes on the neckline, but considering the crypto market appears to be resuming its uptrend soon it does greatly increase the probabilities of this playing out so itโs worth keeping an eye on imo. *not financial advice*
FILECOIN -The accumulation is almost overMy favorite coin right now is FIL, for several reasons, the first is that the risk reward in this case is really exceptional considering the historical support very close and the last important point where the course has been reversed to about a 50X from here, the second fundamental factor is Grayscale which has not one but two funds dedicated to FIL, the first is a single-asset fund and the second has just been created and is called Decentralized AI Fund where Filecoin is the most important holding (more than 30%). That said, we have a coin with incredible potential that is great from both a technical analysis and fundamental analysis perspective
Filecoin - Play the reversal Pattern. Start building longs. Filecoin may be forming a giant inverse head and shoulders/triple bottom. This is granted that we don't bust through the low 2.00ish area and get price discovery to the downside.
I would be buying as low as the low 2.00 area, and as high as 5.00-6.40.
Unfortunately, I don't think that this market cycle is going to be as strong as the others, so we may only see the measured move play out from the inverse head and shoulders. That would take us to key resistance at around $16.00.
If we are very lucky, then we may get to attack the upper targets as we did last market cycle - that would be 36.00 as the next milestone after 16.00. Then 55-56.00, then 86-87.00, then 220-230.00 again if we get extremely lucky.
The way that this market cycle is looking, I am personally not setting my expectations beyond 16.00 for Filecoin. I'd love for that to be proven wrong, trust me!
As always, I appreciate the collaboration!
Filecoin - Bullish CampaignThe recent nose dive in the Filecoin had reached a bottom by making contact with the strong key-level support of $3.62. An upside reversal is highly likely at this point. A bull cycle might kick into higher gear, targeting the next big key-level resistance of $4.46. Stay tuned...
Almost time for $FIL? $25+ target soon?TSX:FIL looks like it's almost ready for it's moon mission.
I think there could be a possibility of one more low to the $4.80ish support and longing that area should provide great returns.
Think once we break the blue trendline, we'll have a move straight to $25. From there, we'll see if we can hit the higher supports.
FIL - Next stop $20-$24Fil looks to have built a nice base above the $8.30-8.40ish S/R.
I think that it will continue to work the fibs and climb to around 20-24 dollars. There I think it will hit a correction to the low to mid 14 dollar area and then build support on the 17.40ish area once the correction is finished. This is a continuation of an earlier trade idea that I'd posted.