FIL - got filledFIL went through its second portion of market cycle and is ready for next big wave up. This is buy the dip scenario, RR is good
FILUSD.P trade ideas
$fil Filecoin Elliot wave actionWe’ve completed ABC, which landed at perfect 0.618 fib retracement,
We might stay here for a while,
I see you at 3d Elliot wave at $427
ichimoku trade : short positionbreaking the cloud + under 26 last candles(with buffer)
sell position at 113$
stop loss : kijunsen with buffer
$FILUSD WAVE COUNTHere's my count for $FIL. Feel free to correct me if there's a mistake on my count.
FIL Bull FlagFilecoin has been in a bull flag here for a while. Should be on it's way up once it breaks out of this trend. Expecting $200+ again soon.
FILUSDMID-TERM: Falling wedge at the bottom of a multi-level range, with classic bullish divergence on 4hr MACD/RSI. (not financial advice)
FILECOIN $10 billion market cap - undervalued?personally regardless what the technicals tell us, this baby is undervalued sitting at under $10 market cap this thing can easily run to 300-1,000 currently where it sits.. $1000 price puts this puppy at $70 billion market cap... compare that to some of the other contenders and you should get the feeling this thing is undervalued. to me personally its one of my favorite crypto projects.
from technical view.. price could stabilize in this region but has room to come down $90 filecoin I don't think is completely out of the question and as I've hinted I believe this is some what of a sleeping giant.
FIL: Getting Ready to MoveIf FILECOIN follows this triangle and continues to squeeze, I wouldn't be surprised to see something happen by mid May. However, if FILECOIN starts to have full candle closes below the triangle, then this idea would be delayed/cancelled.
This is not financial advice. These are just my ideas and opinions.
Noob analysis of FILFIL is forming a compression triangle, and if BTC does not dump these days, it could reach 200$ and maybe retest previous ATH.
FIL bullish idea DYOR, not financial advice.
(Positive comments welcome , keep ur negativity to yourself)
Thank You.
file coin long term hold possible buy waiting to see if we get another bounce off this support creating a higher low. love to see 40-50% corrections after drastic moves up. file coin has alot to offer the crypto space and should be gathering up strength for another push up! happy alt season everyone. Best of luck and as always I am not a financial advisor, these are just my ideas
filecoin to $175 and beyondTruthfully, this analysis is simple price action. Filecoin has an amazing future ahead so this $175 is just short term analysis.
Long Reversal Ahead. Entry NOT confirmed (DYOR!) , we are looking for a breakout from the SUPPORT level. If we drop below
support bitcoin will have to step in. I would wait a bit more before placing a long order on a confirmed breakout candle. Good luck traders & appreciate any support.
Filecoin (FIL) - May 5Hello?
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(FILUSD 1W chart)
(1D chart)
We need to see if we can get support from 134.1182676-148.3290873 and break off the downtrend line.
If it falls at 105.6966265, you need a Stop Loss to preserve profit or loss.
However, it may rise along the uptrend line, so careful trading is necessary.
It remains to be seen if volatility around May 7 could break the downtrend line.
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(FILBTC 1D chart)
We have to see if we can get support from the 23426 Satoshi-25690 Satoshi section and climb above the 32482 Satoshi point.
If it falls at 18899 Satoshi, Stop Loss is required to preserve profit and loss.
If the price remains above the downtrend line, it is expected to rise.
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It is advisable to trade at your average unit price.
This is because if the price flows below your average unit price, which was on an uptrend or downtrend, there is a high possibility that you will not be able to earn a large profit due to the psychological burden.
The center of every trade starts with the average unit price you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, so that the money that ultimately corresponds to the profit can regenerate the profit.
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** All indicators are lagging indicators.
So, it's important to be aware that the indicator moves accordingly with the movement of price and volume.
Just for convenience, we are talking upside down for interpretation of the indicators.
** The wRSI_SR indicator is an indicator created by adding settings and options from the existing Stochastic RSI indicator.
Hence, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator that oh92 disclosed. (Thank you for this.)
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment transactions. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they do not trade 24 hours a day.
G1: Closing price when closed
G2: Cigar at the time of opening
(Example) Gap (G1-G2)
FIL - $324FIL is currently trading between the support zone of $124 and resistance of $171. If it can break the resistance at $171, we could start seeing a move towards $200, $224, $248, $281 and $324. Failure to hold the support at $124 could lead to a drop towards $90.
Is FIL about to take off from Base 3?Not an expert. Not financial advice.
Still learning & have never used this indicator before, but it looks like it’s been pretty accurate recently.
Is this analysis accurate?
FILUSD breakoutMy old fav from a few weeks ago FILUSD just forcefully broke through to the upper band of the Keltner channel with very bullish intentions. IF it continues to run and breaks out of the upper Keltner band (currently 167.7) then we can expect for another nice bull run over several days at least. If the upper Keltner rejects and send it back down most likely we're looking at a mean reversion to 138 or so. BTC of course will play a role in this as it seems to have gravitational pull on most of the alts, with the notable exception of ETH. Happy trading and trade safe!
