FILUSD.P trade ideas
FILUSD (1H) Bearish Wave LTFHi Traders
FILUSD (1H Timeframe)
A high probability, entry signal to go SHORT will be given with the downward break of 7.67 after the market found resistance at 8.73. Only the upward break of 8.73 would cancel the bearish scenario.
Trade details
Entry: 7.67
Stop loss: 8.73
Take profit 1: 4.84
Take profit 2: 3.25
Score: 8
Strategy: Bearish Wave LTF
FILUSDT 1DDue to the downturn that has occurred and the price has reached the bottom of its downtrend channel
The price is on a valid prz and confirms the positive divergence rsi can make an attractive profit in the long run
If the first prz is lost, the next resistance is in the range of 7.87 to 6.17
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
Fil 2 week OutlookHello traders,
Here is a chart on FIl, Possibly one you have yet to see with such old price action. Yet, this as all the rest of the charts become very clear once you zoom out.
Green lines below are supports and areas of interest for buying opportunities. I have changed the support below to pink that we do not want to see the price cross below.
Red ray lines above are resistance and the white lines are targets for price action if the price breaks above the white trend lines holding the price action currently.
Savvy
FILUSD Appears to be in a false breakout - 4HI believe we could be in the middle of a false breakout to the downside with FIL.
Breakouts of solid trends are almost always accompanied by a huge volume candle to confirm the demand. This breakout happened on very very weak volume, likely because of FILs correlation to BTC. I forsee a whip back above the triangle, and then a possible retest down to the red line marked on the chart before continuing higher.
I am bullish on FIL. It is only a matter of time before mainstream catches on.
FILUSD WILL IT HIT 20X Sources Say YesBut listen Up Time is running out May 11th is not far away. And you will definatally want to be on top of this one asap. All jokes aside this may be your biggest money maker for 2022. These are the opportunities many wait for and never find or never see the opportunity until it is too late, and they miss out. Please remember what I am saying here because when we look back, I want you to Rember me for next time I post on a coin, and you say to yourself that guy was right last time, and I missed out once again. Don`t be that person.
Happy Trading
See You Soon
Make-or-brake Situation for Filecoin Filecoin Price got trapped inside a descending triangle pattern over the daily chart. FIL Coin falters at the verge of descending triangle pattern and tries to sustain.
The token is waiting for bulls to take charge from here for the successful bullish rally. Filecoin has been falling from 18th September 2021 and went into a descending triangle pattern over the daily chart.
This current level could be a great entry point for FIL investors and from current level FIL may hike with a strong uptrend momentum over the daily chart. From now on FIL may witness extreme buying and can approach higher levels making higher-highs.
Technical Indicators suggest no signal at the moment for FIL coin. Relative strength Index forecast neutrality for FIL coin. However, the declining line over the indicator shows that RSI haven’t signalled any strong directional change for Filecoin yet.
MACD exhibits sideways momentum of FIL in a descending triangle pattern. The MACD line is below the signal line and approaching towards it for a positive crossover.
Technical Levels
Support Levels: $17.60 and $15.00
Resistance Levels: $20.00 and $87
FIL/USDT symmetrical triangleFIL/USDT pair is forming lower highs and higher lows following two sloping trend lines that eventually intersect. We expect that breakout can be in any direction.
To determine take profit(TP) zones we can apply the measurement rule for symmetrical triangles: compute the formation height from highest high to lowest low and add to or subtract the difference from breakout price depending on the breakout direction.
This time we have support zones near expected price goals (in an upward direction 21,7/23,5 and in a downward direction - 16.8/18,45) so we can set up our TP zones in that support/resistance zones.
File coinLooking for 18.18 but more likely to hit 18.42. watch the 4 hour chart and if you intend to invest then watch the 30 sec chart.
I watch the 30 sec, 5 min and the 4 hr. I can post my indicators if you ask and what to look for. Please use the 21,50,100,200 moving average. And if you watch the charts for hours each day you will understand better.
FILECOIN THE BEST PRICE Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
FILUSD - 1D - Perfect Entry Right Now - Wyckoff AccumulationCOINBASE:FILUSD
I am still extremely bullish on Filecoin. It has held to Wyckoff Accumulations/Distributions in the past, so we can be fairly certain that it is likely to happen again.
We are finishing the spring formation now. This is THE BEST time to get in. "Why", you ask? I'm glad you asked. Because our risk:reward ratio is never better than in a spring. Go long at this point, and then set a stop loss below the lowest low point of the spring. Even if the trade turns against you then you're stopped out at nearly nothing of a loss.
You can see my projected dates and profits at the right side of the chart. If you buy and hold I do see the possibility of a ~400% profit. It could take much longer than this, but either way... we are headed there.
FIL has been accumulating/consolidating for almost 200 days. For a crypto, this is unheard of. I have a feeling it will explode within the next 7 days.
FILUSDT - Long PositionResistance about 24.64 is broken out in Daily timeframe 4 days ago and its pulled back to that resistance is done.
I thinks it is a good position for Long.
Entry price: 25.3
TP: 40.8 (61.2%)
SL: 22.8 (9.9%
R/R : 6.2
P.S: I'm not a native English speaker but tradingview is forcing me to write the caption in English. 😅
FIL time to shine?To start, regarding my last MANA post, all is still in tact, it's just taking longer to perform than some other tokens. This is why it's best to have a few tokens in your bag. While MANA and FIL have been languishing I had a great trade with ETC, added 33% to my entire portfolio value in a week with that one trade (not pennies by any means). As MANA and FIL sat I kept rolling into ETC, as ETC topped, started rolling back into FIL as the strength was showing, letting my MANA bag ride and will add on breakout, which has yet to happen.
As for FIL, it's all in the chart. My near-term target (1-2 weeks) is $60. Good luck!