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FILUSD trade ideas

Filecoin Breaking out - Storage set to recoverShort term price target - $90 Short term outlook - Bullish Long term outlook - Bullish Storage coins are finding support and strengthening. This is am amazing part of the blockchain world and will be the future of file storage. This format might not look exactly like what we see today, but Roam wasn't built in a day! I am bullish on blockchain file storage over the next month and longer term. I will keep on HODLING. However, this could be a nice entry point for someone looking to get exposure in to this space.
KRAKEN:FILUSDLong
by theRaggy
1
FIL - Filecoin just printed a Dragonfly Doji on 2week candle!Before reading, get rid of your moonboy mentality and no emotions for dips/corrections! Cannot rule bearish scenarios! Dips are for buying!! People are so focused on the hourly/daily timeframe that they get emotional on every dip! Take a step back to the weekly/monthly timeframe and see why I'm so bullish now. Stop looking at the short term dips/rise. Short term is irrelevant for the move that is coming! You can't be emotional in these markets (stocks, forex, crypto, real estate, etc.). You will lose this game following the news and doing what the majority does. News creates emotions. Everything you need to know are on the charts. News are manipulated by the elites, and they take advantage of our emotions. Stop listening the news and pay more attention to the charts. Don't follow the majority, because the majority will lose in the end! Also, don't buy the hype when everyone is buying.. instead buy the fear when everyone else is selling Everything is on the chart! Cryptocurrencies are on the verge of exploding higher. Dips/Corrections are normal and needed in a bull market, and are buying opportunities! Huge gains opportunity in the coming months! Never trade blindly. Use multiple indicators to make calculated decisions. Trade with no emotions! Facts 1. The last candle created a Dragonfly Doji, one of the bullish printed candles! 2. Stochastic RSI - Whenever we crossed bullish, FIL did a 11x-46x in the past! We just crossed again! Awaiting for the cross over the 20 level for confirmation! 3. RSI - Highly oversold on the weekly! Been following the trendline for 1.5 years! 4. Broke out from Pennant! Target Buys and Sells - Please see chart. If we have a short term Flash Crash, we may hit $49 - $50! Sell Levels: please see the chart! "If you can't beat the fear, do it scared!" "Be fearful when others are greedy, and greedy when others are fearful!" - Warren Buffet. "Markets are a device for transferring money from the impatient to the patient. - Warren Buffet "Show me the charts, and I'll tell you the news." - Bernard Baruch "The secret to investing/trading is figuring out how rich you want to be and how poor you're willing to become." "If you want to live like the 5% of the population who are hugely successful, then don't act like the 95%!"
COINBASE:FILUSDLong
by jaydee_757
7
Filecoin Rallies at LastFilecoin is up nearly 8% from a 72.08 preliminary I made on 10/6 and I feel we're just getting started. I am using this simple chart to track my swing. *Professional Wyckoffian VSA crypto swing trader (since 2017). I regularly seek out the most lucrative swings on all the major exchanges. All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones. I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself. I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals). ** Not financial advice. Trade at your own risk.
COINBASE:FILUSDLong
by jalapablo
Filecoin Markup ImminentFilecoin is prepping to markup as it reaches the apex of the symmetrical triangle. Enjoy the ride and don't forget to take profit on the way up to the Fibonacci heavens. *Full-time Wyckoff VSA cryptocurrency investor and swing trader since 2017. I regularly seek out the most lucrative swings on all major crypto exchanges. All my charts are clean, straightforward, and easy to follow. No junk, no needless indicators, just solid volume spread analysis ( VSA ) and 'take-the-money-and-run' Fibonacci target zones. I go after the runners and big money. My win rates are between 80-85%. Follow me on TradingView and see for yourself! I review over 300 coins & tokens daily and handpick all the runners myself (no bot signals). Good luck and safe trading to all. ** Not financial advice. Trade at your own risk.
COINBASE:FILUSDLong
by jalapablo
14
Filecoin LongFilecoin is down more than 75% since it's highs in April. For such an extraordinary Coin that seems kinda weird, huh? How is Filecoin different then the others? 1. Filecoin network - decentralized peer-to-peer competitor to cloud storage products like Dropbox or Amazon Web Services. Data stored via Filecoin is distributed across the entire network — as opposed to traditional centralized-server storage. 2. Mining - You mine filecoin with hard drives. Basically you ,,lend" your storage. This type of mining is called ,,Proof of Spacetime". What is chart saying? From what I can see in the chart, it would be a perfect time to buy some! I can see a descending triangle. Given the fact that overall crypto market is doing great, I think we are destined for a bigger move to the upside! Hope this was helpful! To learn more about Filecoin visit filecoin.io See you soon!
COINBASE:FILUSDLong
by LeTraderRytis