FILUSD trade ideas
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!
FILUSD one of strong web3 projectsThis is among the strongest web3 projects to watch this year,something might happen to them
FIL, start rising.The following are machine translations:
3 dips near 17.
The short-term downtrend and the lower 17 support form a bottom triangle.
The current breakout of the bottom triangle is bullish.
Try to place more orders and buy bottoms. The maximum stop loss is the stop loss that falls below the lowest point below.
FIL BUY opportunity with over 10% gain detected πConcervative TP target: $18.86
I'm seeing a similar momentum shift taking place on MDT and FIL coins. They both have been lagging behind BTC and ETH. With the high momentum and energy build up. I expect FIL to pop higher and reach the target.
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Please keep in mind that I'm not a financial advisor. Trade at your own risk.
FIL/USDTFilecoin is in the worst possible condition and has dropped in the worst possible way.
But it can trade well, and if it can pull back from the first level of support I have outlined in the chart, it can start to grow well. Otherwise, we might fall to $ 10 or even $ 5.
Filecoin LongFilecoin is severely oversold, especially when considering their progress developing the network and its relationships. Technicals suggest that price action may go lower however at the current level it's a solid place to take a long position. FIL price has formed a double bottom at $16.75 and $17.10. It may retest again to create a triple bottom which would further confirm a position in this zone. Cross section resistance coinciding with 0.236 Fib resistance places the primary target in the $60-82 range. A position here to the primary target is a >3:1 reward:risk ratio. Prior volatility suggests parabolic moves up can be sudden and the throwbacks significant... as much as 30-40% from the initial surge. The resistance zone around the daily 200MA may be a good place to play the throwback and increase holdings by 15-25% before closing at the targets above.
If price drops below the Fib baseline ($16.75), stoploss out (and be sure to reenter if price reverses and heads above). Price should stabilize in the $12-15 range if Fib baseline doesn't hold.
FIL/BTC chart to follow.
filecoin ready for pump?after a x95 run there was a big abc correction in filecoin.
2 dollars turned in 234 dollar in just 1 jear.
double bottom
resistance at ath expected, break out leads us to 1000 dollar prices
FILUSDTFIL / USDT Currency Analysis
Hi, the coin's currency code is in the fifth wave of its Correctional C wave, and we expect it to reach a return limit of $ 13 to $ 14. In this area, we will look for return patterns as well as divergence in the RSI.
Leading diagonal - WIck to $19 then off to the races? Or just off to the races? Let's see!
Just learning here and trying to earn a few measly rep points. Help me out?!?
Thanks!
It's time.
With news these days anything can happen, so take this for what it's worth.
Also, I don't know how to use these tools, but I'm not sure it should matter with a chart like this. My lines suck, but oh well.
We're at support and hovering around impulse from Feb of last year. It shouldn't be this easy, so maybe it isn't....? First stop $31? Higher? Much higher? In this environment, swings could go much further in either direction. I'm in.
Really, I'm still just trying to learn and gain a few measly rep points. :)
Thanks
FIL, forming a double bottom.The following content is machine translation:
Stopped and rebounded near the front bottom.
Double bottom form.
The indicator macd rejects dead forks.
In terms of operation, it is considered to be long, and the stop loss falls below the low point of the double bottom.
Filecoin Long - triangle breakout setupAs we can see FIL has been in a bear market since april 2021. Having reached a support zone always respecting the major weekly trendline we could se a pump and consequent break of the triangule structure. RSI and MFI at low levels showing possible reversal of the bearish pressure. Yellow zone marked on the graph is a possible Fib retracement zone
The project itself is based on storing data on the blockchain, that a plus for this trade. Also considering the imminent pump on BTC every alt coin tends to pump afterwards so this could be a great zone to enter in.
I will wait to have the support verification and the DCA and TP at the Fib zone.
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Filecoin wants a double topQuick chart here. If Filecoin exits the top of the falling wedge here, our 1.5x target is right in the area of its previous ATH.
FILUSDOf course expecting BTC is still in a bull run, I expect FIL to play out similar to the way it did from December 2020 - March of 2021 (finding a bottom currently) and running up near $100 to conclude this bull run.
FILCOIN high potential gains!COINBASE:FILUSD looking for a previous pattern to play out the same with high ROI.
FIL - Inverted ChartFIL inverted is rekt. $27-$33 range imminent. As BTC closes in on $40k expect this range to come back into play.
January rally for $FIL on the cards?Filecoin looks like its going to do a rally and try to break the downtrend.
FILECOIN will it ever recover? FILECOIN descent has been nothing short of brutal with almost no real relief bounces on the way down. We are at major support right now and we have been in this falling channel on declining volume the whole time. Technically, it can consolidate sideways within this channel before breakin up towards 95 but it must beat the 36-39 level. That is the main resistance to beat. I think we can get relief to that level atleast from this breakout
BLOXTOPS*ALERT \\ FILECOIN// SOARS TO $50 Here is the chart of COINBASE:FILUSD .
The prediction is that FIL will reach $50 range in the coming week or two.
FIL USD BULLISH DIVERGENCEFilecoin is a decentralized storage system that aims to βstore humanityβs most important information.β 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
