filusd DailyHello friends. I think this currency can go one of these two ways. what is your opinion?
FILUSD trade ideas
FIL and Rank Filecoin on the Weekly Timeframe:
FIL broke out of it's macro downtrend back in October.
It has broken the 20 and 50 Simple Moving Average
It currently has a candle open above the 100 Simple Moving Average
FIL could be a big mover in this bull market, without having to come close to ATH.
This could be a 15x or better to reach the .236 extension.
Not financial advice
Do your own DD
Novice here
Weekly setup FileCoin (moneyflow)On the weekly timeframe this has the best setup of almost any coin I’ve seen. Money flow and VWAP currently on a downtrend, but when it hits support in the next few weeks it will 2x very quickly. When the money flow flips to green it will do another 2x. Not finance advice.
Filcoin- Breaking the channel Price has turned down from the upper trendline which indicates the end of the wave V. 30ma and 50ma is all above the current price movement that tends the price go further down. Wave (1) is completed and wave (2) seems to end around 50% fib ratio.
#FIL good level to buy on Spot ⏳️#FIL good level to buy on Spot ⏳️
BTC going to do retest of breakout
Retest of trendline
Retest of support zone
50% zone.
Best level to buy on spot
FILUSD with a very confident green candle. The confidence the bulls are showing with the current green candle suggests this break upward can sustain itself long enough to validate the breakout. We have 3 at terns validating at once and giving us 3 measured move targets. 1st one at $8 2nd one around $9 and the 3rd and highest one at 13.135 *not financial advice*
Filecoin - Next Stop at $12Filecoin is moving upwards along with the entire cryptocurrency market. Not only that, but Filecoin has significantly outperformed many altcoins in recent days.
Is this the end of the rally? No, we do not believe so. Instead, we expect a soon-to-come surge to around $12. For a long entry, we will wait initially for the price to correct to approximately $7.08. This way, we optimize the risk-reward ratio for our trade. The hidden bullish divergence in the Accumulation Distribution indicator is very pronounced, indicating favorable chances for an imminent explosive surge.
filecoin showing mild bullish divergencesome bullish divergance on the relative str index. nice time to start accumulating imo.
Tiny falling wedgeAs you can see on the 1 Hr timeframe there is a falling wedge formed. It fels together with support on earlier price moves. Even the RSI has cooled down a bit.
But watch out, on the 'daily' the RSI is still in the 'over bought' area.. Despite of that I'm bullish on Filecoin
FILECOIN - Massive Gains as Harmonic completesFilecoin is not a coin I would look at as a long term investment - as for most altcoins. However, we trade technicals strictly, and this coin has everything you would want it to have for a long position.
We are at the bottom of a range from 2018 lows where we sprung above a historical resistance after putting in a first low, completing the retest with a bullish bat and an adam and eve bottom, having bullish divergence on both indicators.
Filcoin is in our portfolio - not as a leveraged trade for now. Targets are set and a stop loss would be another low but we will monitor on lower timeframes to look for any bullish continuation or bearish developments.
Filecoin ($FIL) is heavily undervaluedWith upcoming AI, storage systems are needed, FIlecoin can technically provide a huge ammount of solutions. We have been at those highs already.
Dont be late.
FILECOIN 180% PUMP SHORT TERMBased on my analysis FIL could rally back to $7 in few weeks.
Time to wake up the sleeping giant
FIL Bullish FIL Bullish Scenario
Waiting for breakout of trendline.
After retest of trendline I will be looking for Long
FIL - next movesFil is now currently trying to build support on top of the 8.40ish-9.30ish critical support area. This is on top of the large accumulation area that it has faced for its market cycle bottom.
We hit a 1.618, and corrected down to a .786. Now I expect us to take a shot at the 4.236, which is around $20.00. I think that we get rejected there, face a small correction down to around 14 dollars - and then ultimately build support on top of the critical support/resistance around $17.40ish. Then from there we will likely go for the parabolic top.
Great opportuniy! Filecoin will be explodedLook at the histirical movement.
It's like a magic that we see exact pattern...
Personally i love $Fil.
Best regards
File took out the lows and stopsFile should sweep up and I believe it will take the high.
Lots of heat on the map above from here.
NOT FINANCIAL ADVICE!!!
FILE Trap???I think we need the dip...
The dip will be looked at as healthy... And it will also be a trap...
NOT FINANCIAL ADVICE!!!
Bears are Taking over Retest Imminent $6.50The elevator ride is over, and as Steven Tyler once sang in the song, "Love in an Elevator"...."We're Going Down!!!" FILE COIN just couln't get past the $8.60 barrier. And is now breaking down. I was so hopeful, as were many others...
The new buying opportinunity will be in the range of upper $5 to mid $6.50.
Filecoin (FIL) Chart Analysis: Observing a Double Bottom PatternThe FIL/USD 3-day chart exhibits a pattern resembling a double bottom. Based on technical analysis, if this pattern is confirmed, it could theoretically suggest a potential price target above $16
FILECOIN: Over 5,000% gains from here?This asset seems to have great profit potential even before surpassing its all-time high. Therefore, I'd keep an eye on these two main targets as potential profit-taking zones.
$FIL - Send it higherTSX:FIL is now my largest allocation because I think it has the biggest amount of upside in the shortest amount of time.
Not sure what the catalyst will be that sends it higher, but think there's a possibility that TSX:FIL can go 3-6X over the coming weeks.
Breaking the $6 region will break a 1.5 year consolidation of a downtrend and I think the move out of this range will be a large one.
I'm expecting the $30 region to get tagged once it breaks out. I've marked off a ton of resistances on the way to take profit incase we don't make it all the way up to the target.
Let's see how it plays out.
