file coin Dailythere must be a sharp correction for 3.4 $ and a fast recovery . after that it seems we can expect a 3 month of correction in for 6.05 $ . i think this position will be triggered on 9 dec.
short position is not recommended . because there could a stop haunting for 5.2 $ even . you can only enter to the market on some specific dates .
FILUSD trade ideas
FILUSD looks goodFILUSD is in a short-term uptrend.
If the price retest the support, it may be an opportunity to enter long position.
RSI still looks good for bulls therefore the price should increase more in a short term.
8 $ should be acting as a resistance so it´s the final target for this trade.
Good luck
FIL broke the downtrend line!FIL broke the downtrend line and the previous high of 5.903, and the lightning flashed that FIL stepped back to 5.122 (0.382) support twice.
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Main target price:
6.350~6.385(1.382)
6.684
6.985
7.166
Long orders of FIL contracts can take profit at the target price, and the stop loss price can be set at 5.122 (0.382); the stop loss price with a higher R/R ratio can be set at 5.421 (0.618).
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The yellow rectangle below is the support area of FIL.
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FIL - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
FIL rejected a strong support and demand zone, so we will be looking for buy setups.
on H4: Right Chart
on DAILY: FIL formed a valid double bottom pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, FIL would be overall bearish can still trade lower inside the demand zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FIL, bounced off support.The following are machine translations:
In the 4-hour chart, it fell to the vicinity of 5.5 many times and rebounded, forming a support near 5.5. Yesterday, it reached the vicinity of 5.5 and stopped falling and rebounded, looking for a short-term rebound.
The indicator macd has the possibility of a golden fork, and the RSI indicator reaches the neutral 50 vicinity.
Summary: The pattern rebounded near the support, the indicator reached the key level, the breakthrough will continue to be bullish, and the blockage will be followed by shocks.
Filecoin - FIL at critical ample markFilecoin - FIL at critical ample mark
positive: we see a regular bullish divergence on RSI
negative: we see a hidden bearish divergence as well
Speaking in ample steps:
red:
if we lose last volume support at $5.85
yellow:
if we break price resistance at $11.87
green:
if we break above volume resistance at $22.35
What are your thoughts on fil dear Crypto Nation?
*not financial advice
do your own research before investing
FILUSDT PRICE ACTION ANALSYSCOINBASE:FILUSD
So recently fil has huge run upward and then it crashed almost 50%. which is not unusual in crypto market.
it's been forming broadening wedge on lower time frames. if we successfully break through that we will see an upward momentum up to 7-8%.
i think we tomorrow we might see a good pump for atleast 6-8%.
disclaimer: do not open trade before the break out of the pattern. manage your risk accordingly. thanks
FILUSD (4H) Bearish wave LTFHi Traders
FILUSD (4H Timeframe)
A medium probability, entry signal to go SHORT will be given with the downward break of 6.23 after the market found resistance at 6.60. Only the upward break of 6.60 would cancel the bearish scenario.
Trade details
Entry: 6.23
Stop loss: 6.60
Take profit 1: 5.70
Take profit 2: 5.13
Score: 5
Strategy: Bearish wave LTF