FILUSD.P trade ideas
FIL your bags nowMassive upside incoming, the future of cloud computing on the blockchain, not sure how theyve accomplished it but this is a decentralized dropbox apparently and its gold. Just has its caputialization drop last week where it retested the lows, to take out all of those bag guys, should be moon city from here on out. probably follows eth and the markets in general but besides that lets get it
FIL rises in value to $4.38.Today's bullish Filecoin price analysis
$4.40 offers the greatest resistance.
FIL/USD support is indicated at $4.18.
According to Filecoin price research, the price of FIL/USD has been moving strongly upward during the past 24 hours. The cost has continued to rise dramatically and has come close to reaching the $4.18 level. The cryptocurrency appears to be moving upwards, but the market is moving in a favorable way. With a trading volume of $95,408,859, the price of FIL has increased by 3.63% during the past 24 hours as of today, November 29, 2022. Hence, having a live market capital of $1,433,268,246 and is ranked #31 in the cryptocurrency ranking.
Analysis of the 4-hour price of Filecoin: Recent developments
file coin Dailythere must be a sharp correction for 3.4 $ and a fast recovery . after that it seems we can expect a 3 month of correction in for 6.05 $ . i think this position will be triggered on 9 dec.
short position is not recommended . because there could a stop haunting for 5.2 $ even . you can only enter to the market on some specific dates .
FILUSD looks goodFILUSD is in a short-term uptrend.
If the price retest the support, it may be an opportunity to enter long position.
RSI still looks good for bulls therefore the price should increase more in a short term.
8 $ should be acting as a resistance so it´s the final target for this trade.
Good luck
FIL broke the downtrend line!FIL broke the downtrend line and the previous high of 5.903, and the lightning flashed that FIL stepped back to 5.122 (0.382) support twice.
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Main target price:
6.350~6.385(1.382)
6.684
6.985
7.166
Long orders of FIL contracts can take profit at the target price, and the stop loss price can be set at 5.122 (0.382); the stop loss price with a higher R/R ratio can be set at 5.421 (0.618).
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The yellow rectangle below is the support area of FIL.
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FIL - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
FIL rejected a strong support and demand zone, so we will be looking for buy setups.
on H4: Right Chart
on DAILY: FIL formed a valid double bottom pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, FIL would be overall bearish can still trade lower inside the demand zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich