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FILUSD trade ideas

FIL/USDT symmetrical triangleFIL/USDT pair is forming lower highs and higher lows following two sloping trend lines that eventually intersect. We expect that breakout can be in any direction. To determine take profit(TP) zones we can apply the measurement rule for symmetrical triangles: compute the formation height from highest high to lowest low and add to or subtract the difference from breakout price depending on the breakout direction. This time we have support zones near expected price goals (in an upward direction 21,7/23,5 and in a downward direction - 16.8/18,45) so we can set up our TP zones in that support/resistance zones.
COINBASE:FILUSD
by Deviantor_Wayne
FILECOIN THE BEST PRICE 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, 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. The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
COINBASE:FILUSDLong
by UnknownUnicorn36647227
2
FILUSD - 1D - Perfect Entry Right Now - Wyckoff AccumulationCOINBASE:FILUSD I am still extremely bullish on Filecoin. It has held to Wyckoff Accumulations/Distributions in the past, so we can be fairly certain that it is likely to happen again. We are finishing the spring formation now. This is THE BEST time to get in. "Why", you ask? I'm glad you asked. Because our risk:reward ratio is never better than in a spring. Go long at this point, and then set a stop loss below the lowest low point of the spring. Even if the trade turns against you then you're stopped out at nearly nothing of a loss. You can see my projected dates and profits at the right side of the chart. If you buy and hold I do see the possibility of a ~400% profit. It could take much longer than this, but either way... we are headed there. FIL has been accumulating/consolidating for almost 200 days. For a crypto, this is unheard of. I have a feeling it will explode within the next 7 days.
COINBASE:FILUSDLong
by cache_that_pass
3
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!
COINBASE:FILUSDLong
by GunMoney
FIL BUY opportunity with over 10% gain detected 🚀Concervative 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. If you have enjoyed my highly accurate and high probability ideas over the last couple of days, please like, follow, comment, and tell your friends and family. I make daily posts, so don't miss out on the next trade. Let's make some money while the crypto market is still hot. Please keep in mind that I'm not a financial advisor. Trade at your own risk.
COINBASE:FILUSDLong
by Saver0
1
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.
GEMINI:FILUSDLong
by TACSPR
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
COINBASE:FILUSD
by pharmer75
1