FIL, STRONG SUPPORT AREA...!Filecoin is going forward to seeing a sensitive area (highlighted in blue).
Be careful! Entry after the retest to the marked point is more safe...
Rsi positive divergence:
FILUSD.P trade ideas
FILECOINS LAST BULLISH SHOTFile coin could be drawing a falling wedge on the bigger picture which would imply we could revisit the ATH. If this pattern fails, we will go to .19 cents next
FILUSDT (Source = Trust Me)FILUSDT (Source = Trust Me) 1000% potential
Rally to 400$ or maybe even 800$
Source = Trust Me
FIL - Potential Bullish Reversal!Hello everyone, if you like the idea, do not forget to support with a like and follow.
FIL is sitting around a strong demand zone in green so we will be looking for buy setups.
on DAILY: FIL is forming a channel in red but the upper trendline is not valid yet, so we are waiting for a new swing high to form around it to consider it our trigger swing. (projection in purple)
Trigger => Waiting for that swing to form and then buy after a momentum candle close above it (gray zone)
Meanwhile, until the buy is activated , FIL would be overall bearish can still trade lower till the lower.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Filecoin needs an ABC harmonic pattern in the 2nd wavecrab harmonic pattern:
X=$189
A=$1.63
AB=0.68 XA
BC=0.88 AB
0.78 XA=$68.5
0.88 XA=$110
1.6 BC=$152
1.13 XA=$351
2 BC=$407.81
1.27 XA=$690
2.24 BC=$757
1.41 XA=$1329
2.6 BC=$2009
1.6 XA=$3572
3.6 BC=$26524
🔥 FILECOIN ARMY Now your Turn!Update to my previous post, it will take few more week before the "C" run or 3rd. Lets see how it goes, keep holding and Dollar cost averaging.
Will FIL Thrill on a Break Out or Wait Until...Watching these technical patterns for possible repeat of structure breakout.
Target $266
Filecoin on its way to oblivion?Well it has been looking terrible hasn't it. However, we are really, really, I mean REALLY closing to a turning point. I have to make this post because if you don't see the possibility of a flip-ver here soon you are blind. I see the green order-block as the optimal turning point and I also see it as a very cheap buy.
Swing TradeFIL had a huge run at the beginning of 2021. Not sure what happened but I guess the market deemed it was way overvalued.
Now it looks like it's trying to round out a bottom as it recently swept the prior lows. Bullish daily RSI divergence in play. Levels are on the chart but could be a pretty big swing trade in coming weeks
FILUSDT - 100% ?FILUSDT it ready to go UP
From this descending channel I expect it to make a small side channel and then break and climb, why not, even to get a 100% profit
FIL FILECOIN fully charged FILUSDT FILBTC FILUSDCFIL FILECOIN fully charged FILUSDT FILBTC FILUSDC
above $37 we may see vertical spike to $39
FIL BULLISH FILAs long as BTC or the SPX roll over, I think FIl coin can get some relief up to 45 from this falling wedge. At a major trend line and support line as well. If not and we break down, I will be looking for 28
Fil USDTBuy area 29$ 27$ Fil Usdt web 3 coin
Upcoming trend web 3
Good project all time high 240$
In dip now
FIL BULLISH FILIf BTC and ETH can maintain themselves or get a bounce, I think this falling wedge on FIL will take us to 46
FIL Bottom EntryFIL looks to be finding it's bottom here. It has dropped about 85% since ATH (about the exact same as BTC in each of it's bear markets). As BTC heads up to highs and beyond to close this bull cycle, expect FIL to make new highs as well. Long entry here returns over 6x+ in the coming months. Cheers!
FILECOIN HOPIUMOur falling wedge pattern broke down with BTC and ETH and we are currently sitting at major support. on the 4h, it looks like we are in the middle of a falling wedge breakout towards 45. Its possible that the overall picture though is a falling wedge on the weekly. The volume profile isnt ideal but its ok/. If this were valid, then the ATH would be the target
FILE COIN, What happened?File coin unfortunately broke down out of its falling wedge. These patterns usually have a high chance to break up but bitcoins breakdown gave it a turn for the worst. Many of the alt setups I had ended up breaking down instead as well. We are sitting at major support right now but I think its next moves are going to depend on BTC. If we can hold I think we will get a relief bounce to 48 from here. If not, we will revist the high 20's or 30. Emotions are extremely negative right now and there isn't a really a setup I see since the move just happened.
Filecoin will rise.Nice set up. Super fundamentals, Grayscale just bought for another few millions. Fil has not been nice recently from the charts, while everybody goes for hype coins like NFT´s. The narrative hasn´t changed whatsoever and storage will always be a huge problem, also for gaming and nft blockhains ;)
Anyway, I didn´t have the time to put in all my thoughts to this but I expect $FIL to break out to the up (and fake out to the downside just before to shake out all the margin trader). 3 RED LINES to show you the targets, last one at 81 USD.
Enjoy the ride.
