FILUSD-bullish TrendFILUSD is making simple HH and HL and there is no divergence found. So we will place a market buy entry.
FILUSD.P trade ideas
Fil/usdt🐇Fil
🪄 Liquidity Magnet Level
- Short LQML
- Long LQML
#Fil #FileCoin #Filusdt #Filusd #eth #btc #bitcoin #ethereum #cryptocurrency #blockchain #crypto #bitcoins #trading #money #forex #cryptocurrencies #altcoins #altcoin #hodl #binance
FILUSD setting up for a strong 1:5 risk/reward tradeFILUSD pushed hard up and through its weekly 21 SMA and is consolidating high. This is textbook squeeze setup that has a high probability of reaching the 89 SMA 3X higher! The trade would be to buy under $8 with a stop under $4.16 and a target of $24
Filecoin (FIL) to $170 / 10xOn a recent update to the expected alt-token market dominance idea I alluded a number of alt-tokens can expect a 10x return in the next run. And no, Cardano is not one of them so don’t ask! (The number of messages received on that token, reminds me of the XRP or Chainlink cults).
On the above 5-day chart price action has corrected over 90% from almost exactly 1 year ago. A number of reasons now exist to be bullish, including:
1) The ‘incredible buy’ signal prints.
2) Regular bullish divergence. Lots of it. 11 Oscillators are currently printing positive divergence with price action.
3) Price action is on or almost on the 0.618 golden ratio. Were I to pettifog, it’s $15.85. However given the target, don’t try to time the market.
4) Price action is testing past resistance as support. Look left.
5) A regular bullish divergence is also visible on the 2-day BTC /FIL pair (below) following a break of RSI resistance.
It is possible price action falls further? Sure.
Is it probable? No.
Good luck!
WW
PS: Would you like another?
2-day BTC pair
#FILUSD - A Bumpy Ride Down with Multiple SR LevelsPrice is currently caught between multiple levels of support and resistance with #FILECOIN.
After a steady bull move up to around $8.5 we've received a sell signal from Crypto Tipster v2.
We could be seeing the price decline to $5.2 or even further.
What Do You Think?
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FILUSD Inverse Head and Shoulders Trend ReversalThe presence of an inverse head and shoulders pattern on FILUSD indicates a potential bullish reversal in price, provided there is beneficial macroeconomic and FIL-ecosystem centric bullish sentiment.This pattern is notorious for being a bull trap and is often used to prey on over-leveraged longs.
FIL looks like GRT at 8c- GRT reclaimed the June-Oct '22 range, then pumped above it.
- FIL just reclaimed the June-Oct '22 range, and looks poised to pump.
FIL now looks like GRT at 8c.
Buying these crypto for the next bull run(ZEC,FIL,SAND,MANA,XTZ)We are approaching very interesting entry points regarding these coins. We have confirmation entries in some of them and some risky entries in others. Let me know what do you think?
FIL/USD Long possibilityLooks like Filecoin may have found a temporary bottom. I'm looking to add to my current position and ride to the targets.
$FIL 4-Hour$FIL 4-Hour Bullish Divergence
Break above resistance and we go back to the highs.
Break down from here and I'm longing in that grey box.
FILUSD looks bullish againIn November 2022 we predicted that Filecoin will drop below 3 $:
Now, it's a time for an update and upside targets!
FILUSD looks pretty strong.
The price came back above the resistance which should be acting as a support now.
We may see a few days of consolidations above this key level (5$) which would be very bullish, however it would not be unexpected to see a rally continuation towards 8-9$. MACD indicator shows a positive momentum and it looks strong for bulls. Moreover, If the price breaks above this range, it can shoot up to 11 $ which would be our final target for this short-term trade.
Long-term the price may go much higher.
Good luck!
FILUSD on a Resistance. Huge liquidity zone below.FILECOIN - FILUSD crossed above the MA50 1W and hit Resistance A (9.52500). There is a huge Liquidity Zone, which offered Demand during the Jan/ Feb consolidation and Supply before the market bottomed out. As you see most of the volatility of the past 8 months is seen inside this zone.
With the Golden Cross 1D only 1 or 2 days ahead, such a pullback will be a great buy opportunity. Pullback or not, the Filecoin targets now Resistance B (11.3850) and Resistance C (16.000) within a 3 month horizon.
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Filecoin - No Danger No glory.
- Filecoin lost -98% from his ATH.
- ICO managed to get 200M$ in 2017, VCs dropped a lot and made so much benefits in 2021.
- When whales will be tired and start to rebuy, the bounce could be very aggressive.
- This project is huge and was listed in all Top Exchanges ( Coinbase, Binance, Kraken, Cryptocom, etc )
What Is Filecoin (FIL)?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017.
Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization.
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Trading Zones
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- Buy : 4.50$ (Buy a bit)
- Rebuy : 2.50$ (Fire Buy)
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TP1 : 25$ (security TP)
TP2 : 120$
TP3 : 230$ (ATH)
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Happy Tr4Ding !
Continuation of Bullish Trend FILUSD on 1hContinuation of Bullish Trend FILUSD on 1h. If it breaks the current higher high, we can see the continuation and get some good gains.
Filecoin Play Wisely- Everything is in graph.
- Always follow TheKing movements first.
- Setup a retracement zone to rebuy.
- Setup a breakout buying zone.
- Don't stay always in markets, you are in danger when you are in active trading mode.
- There's some momentums to trade and sometimes there's nothing to trade.
- Sometimes better not trade and just watch.
- Use price action only.
- Setup your own SL RR.
- Don't be greedy.
- Keep everything simple as possible.
Happy Tr4Ding !
Filecoin: Spring and Backtest of Spring with Bullish EngulfingFilecoin is attempting to confirm a backtest of spring in the form of a Break-Hook and Go while Bullishly Engulfing and holding Above the 200 Day Simple Moving Average. If this holds up i think it will be able to rise to The Fibonacci Extensions of the 1.618 and if lucky, the 2.618
Filecoin Short-term TargetsQuick post - Filecoin broke out of a falling wedge on the daily and is headed towards the 200 day EMA and wedge breakout TP 1 if it can get and hold above the EMA.
Conditioned upon reaching the falling wedge breakout's TP 2 @ ~$10.70, which would take it above previous high of ~$9.75, that opens up the possibility for new targets for a double-bottom recovery.
Get and hold above 9.75 and we have a confirmed double-bottom targeting $14.58 and then approx $17.
Short-term chart here, but I've previously posted a much larger falling wedge breakout that happened quite some time ago but has been consolidating ever since. That possibility still exists should everything above occur and DXY doesn't turn back up shortening recoveries across markets. If conditions remain favorable, we could see a double-top on the HTF chart. See link to related idea below:
This fell further than expected and has consolidated further than expected, but is still possible given the considerations mentioned above:
FIL First MA200 InteractionFilecoin is having its first MA200 test since 2021. This is a massive test, as the amount of time between interactions is so large. Currently, it looks set to break through.
