FILUSD.P trade ideas
Heavy Volume has Vanished In FilecoinFilecoin price traded at $175.27 with a loss of 1.20% in the last 24-hour and 40% up in the weekly time-frame. In contrast, the market capitalization stands at $11.36 billion. Technically, investors can perceive no crossover in EMA, and the price is fighting to stay above the 8-EMA. RSI index showcases a flat slope. Moreover, the price movement may consolidate in future trading sessions.
Resistance: $167.10
Support: $236.50
FIL Multi-Timeframe analysisHello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Filecoin=$$People think filecoin is over, me personally I believe it's just getting started I see a potential breakout after completing triangle doubters always get left! With nfts being stored, to being on greyscale major China adoption and the biggest use case is storage!!! Let's go!!! Not for financial advice 😎🚀🚀🚀🔥
Filecoin (FIL) - April 5Hello?
Dear traders, nice to meet you.
By "following" you can always get new information quickly.
Please also ask for the "Like" clock.
Have a nice day.
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It remains to be seen if the volatility around April 6th (April 5-7) will lead to a deviation from the 169.6036068-188.2500949 range.
In particular, it remains to be seen if it can rise along the uptrend line.
If it falls between 124.8419251-132.3106316, a short stop loss is required.
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(FILBTC 1D chart)
You should watch for any movement that deviates from the 0.0029834-0.0032899 range.
If it falls from the 0.0023704 point, a short Stop Loss is required.
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If you look at the charts of most major coins, it has either risen near the previous high or is exceeding the previous high.
These rises are expected to rise even more when the BTC price rises above 60K and moves towards 70K.
However, if the BTC price fails to rise to 60K, it is expected that it will eventually turn into a downtrend, so careful trading is necessary.
Currently, BTC is in the period of volatility, and the coin market is in the overheating zone.
In such a market situation, if you enter as the price rises, the rate of return may be negative.
The coin price is recording positive, but the yield of the coin I bought is negative.
Therefore, if you are not familiar with day-to-day trading or short-term trading, it is recommended to enter when the coin price declines and then moves sideways and shows support at some point.
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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.
Therefore, the interpretation is the same as the conventional 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 published by oh92. (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)
Watching retrace of FILECOINOn the daily, you can see, FIL jumped all the way to the "golden number" (1.618) on the Fibonacci, and has started its decent.
Looking for buy opportunities at retrace back to .618 or .5. Hopefully, we will see $80-$100 range on the retrace.
This may have been the pump for FIL this Alt Season, or could just be the beginning!
Thoughts?...
Thanks for your time! Please like and follow!
the monster: FIlecoin is looking to reloadFilecoin (FIL, filusd, filusdt) looks to be attempting a reload here. It's not there yet for us... the 21 SMA is crucial for our system and when we are below that it's a no-go for us. But this momo name has lots of power under it and has our attention 100. We like this particular area for two main reasons... the VWAP (lime green) and the volume profile LVNs. Significant areas of support no doubt... only thing lacking here is price action to confirm with the 21 SMA.
FILE COIN COMEBACK HARD!!!!! My thoughts on FILECOIN - Let me know what you think.
50% After dip. After ethereum this will be one of the best coin. Also Balancer moving toward all time High!
FILE COIN LOSS WITH BIG COMEBACK SATURDAY AND SUNDAY!LET"S GET BACK TO LAST 3 Days - 2 Days of Big Loss means, it will come back with the 6.3 Million Circulation. HOLD YOUR FILECOIN!!!!
COMEBACK with new All time HIGH!
is it possible for filecoin to reach 300$???it seems there is a 5th wave of 3th wave of 3th wave and its goal is over 300$. what are you thinking?
Filecoin with a NASTY red candleFilecoin is strong like bull... but whoa... that red on the 210 is something to pay attention to. If we were leveraged we would be trimming on the bounce back up into this red and step aside for a bit. There's a nasty sell in DOGE too... we are long that coin into the pullback... but more red crushing like this start showing up and we will not be so prone to be long for a while.
This One...Yep, I know the (IPFS) with Filecoin is cool but price not so much feels like it's about time to realize some gains or close to it... That incline is getting steeper not to worry this is still a sleeper (RIP DR Sues) in my opinion based on sentiment around typical Pleb behavior they maybe more inclined to chase their tail rather than get hyped early on a good project and solid team. When talking moon whos literally talking near orbit in the crypto space??? (Elon Musk doesn't count and meme coin jokes for pump and dumps don't count either...)
Unless there is a breather on the Major coins meaning BTC and ETH this sucker is one I am going to keep my eye on and even at that.
😎Tips:
"Noobs please try to understand some people have had bags bigger and longer than you."
***Helpful hint to any newbies out there.. Watch your coin count closely (Think Chuck E. Cheese and your 10 at the arcade) ***
***Don't make those gains in vain.***
Last thing: To those that have reached out with their questions some I can answer from my limited narrow view point and I will put them in a few post coming up to those that would care not just ignoring y'all. "I know, I know everyone is an expert in trading crypto as a GURU in this crypto bull." 🐂 🤷♂️
What are your thoughts? Is it bad that people like to realize gains say "Cool! More Dollars now!" Most will answer with an emphatic "YES!!!" LOL Or am I really the only person that's down to pull profit and even short a little??? LOL
-No advice just thoughts that I can't shake after the last 5 years in the world of "CRYPTO"
" "KEEP CALM AND MANAGE THY RISK!""
FIL sideways then up?50SMA as support, possibly drawing another bull flag on the 4hr.
If so, buy target is $175
FIL/USD Next Steps: A Short-Term perspective(1) After having an eye on FIL/USD for a little while and watching it spike by over 45% within a 24 hour period, I decided it was time to take a closer look and see about starting to establish some Price Structure in order to determine future entry points.
(2) Over the next few days (3/26-3/28), there seemed to to be a potential Support Structure being established around the $120 level.
(3) The last couple of days had been marked by lower volume and a convergence of the 50 and 200 day Simple Moving Averages, which culminated with the current spike up over $150 on 3/30.
(4)What I'm looking for now is a potential flag pattern establishing over the next couple days, leading to a (5) Support Structure and potential entry points around the $140 level with a price target closing on $160.
(6) If support is not established, I would be looking for a pullback closer to the $120-125 range before seeking entry points, with the $140 level creating potential resistance.
Naturally, I will be looking for confirmation of these ideas before any entries are actually made.
Any thoughts?
FIL Long // Target 175+ Hi all, apologies I'm quite bad at getting my charts through TV. Just wanted to throw this up on the FIL/USD CB Ideas section as its been barren here save for some insane short suggestions.
FIL's previous ATH was around the $250 level, we're moving towards that aggressively with short and decent corrections in-between. Honestly, don't trade this bad boy. Hold to at least $175-200 levels; see what the overall momentum looks like then.
Fundamentals:
I've read a lot of FUD around FIL not being encrypted. While technically true, the system FIL uses operates on a two-stage approach to data security that acts as an encryption method (Look up data shredding, etc.) It's also a pioneer techology, in that STORJ and others are coming after it. Think, BTC, BCH, etc. You've got your very own BTC in FIL in the fundamentals and status on the market. First movers and innovators tend to do better regardless of the "advantages" of its competitors.
Market cap is quite low with the current circulating supply, just keep an eye on potential unlocking of additional tokens.
In short, hold this boy. I have a VERY good feeling this is going to blow into the top ten CC's in a very short period of time.
Trade safe, DYOR and use stop losses. Not financial advise, y'all know the deal :)
If any of my tips make you money and you want to show appreciation, feel free to send ETH to my address! I'm a uni student supporting herself through crypto and stocks.
0x0008eb9764B45b7a7761eB747E1C6a5a55C9d6Ec
Fil (Filecoin) end of 5th bullish waveThe 5th wave have finished successfully! Now we expect the bear season to start, price will settle around 50$ to 60$.
FILUSD on coinbase hit all targets in just 12 days!COINBASE:FILUSD was an amazing deal despite the last red days. At 12 days it could hit all targets with over 120% profit. the deal is closed. congratulations!
breakout after long consolidation on daily chartfilecoin has given a trendline breakout after long consolidation.
after a big upmove again its is consolidating and making a kind of flag pattern.
buy above 47 target 63, 75, 89
Filecoin Expressing Relative StrengthWhile the rest of the crypto/token markets are pulling back and Bitcoin down about 18% from its highs, we're seeing Filecoin individually outperform in the segment and looking to breakout into a recent high. In a classic equities market I would usually be much quicker to take my profits as equities don't usually see this much appreciation (unless we're talking penny stocks and high growth categories like software). In this case Filecoin is in the category of frontier technologies and the markets have not quite figured out how to price all of this yet.
I think given the way the current broader market price action looks and the positioning of this technology, there is going to potentially be more trading upside. Now if the pullback on the rest of the crypto and Bitcoin markets become severe enough then that may be enough to pull down Filecoin with it. The trick for me here is to observe what tokens are individually performing against the rest of the market as this is signaling to perform further analysis on that specific token/company.
Taking a further step back and analyzing the macro, we also seeing the dollar starting to rally here as yields become more attractive. I think if this macro picture continues it's path, then we may even see broader volatility across a broad spectrum of asset classes.
Let's watch!
@EnterpriseGuy
