FIL Bullish FIL Bullish Scenario
Waiting for breakout of trendline.
After retest of trendline I will be looking for Long
FILUSD trade ideas
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.
FILE FLASH SALE!!!!I WOULD NOT BE SHOCKED IF WE SEE 30% gains from here!!!
They killed all the longs now time to kill the shorts!!
NOT FINANCIAL ADVICE!!
Ile is ready to pump like Ocean did earlier todayCould be 10%+ gains on the table from this point!!
This structure keeps repeating!!
NOT FINANCIAL ADVICE!!!
Adam/Eve Pattern $FIL Fil is set to boom according to my analysis, it is currently forming an adam/eve pattern. Targets are as outlined.
Filecoin Exiting Consolidation - at least 600% gain in 2024!Filecoin just closed within the weekly cloud which signals an E2E trade entry. The conservative cloud target is $36, but could also hit the $63 area this year if it goes up fast.
Price is currently consolidating within a multi-year symmetrical triangle, which I anticpate will soon come to an end. Upon breakout the measured move, based upon the fibonacci extension, would be about $16.
Filecoin's Resurgence: How Solana's Validation Propels GrowthFilecoin ( CRYPTOCAP:FIL ) emerges as a standout player, showcasing resilience and innovation amidst fierce competition. The recent surge in Filecoin's ( CRYPTOCAP:FIL ) price, catalyzed by Solana's founder Anatoly Yakovenko's validation, underscores the protocol's potential to redefine the decentralized cloud storage space. As Filecoin ( CRYPTOCAP:FIL ) charts a path of integration with leading blockchain networks like Ethereum and Solana, it sets the stage for a compelling narrative of growth and collaboration.
The Solana Boost:
Filecoin's ( CRYPTOCAP:FIL ) ascent to prominence gains further momentum with a resounding validation from Anatoly Yakovenko, co-founder of the Solana protocol. Yakovenko's acknowledgment of Filecoin's ( CRYPTOCAP:FIL ) foundational influence on Solana's archiver design not only validates Filecoin's technological prowess but also highlights its pivotal role in shaping innovations across diverse blockchain ecosystems. The 16% jump in Filecoin's ( CRYPTOCAP:FIL ) price reflects investor optimism fueled by this recognition, signaling a renewed interest in the protocol's potential.
Integration and Collaboration:
Filecoin's ( CRYPTOCAP:FIL ) strategic integration with Solana marks a significant milestone in its quest for interoperability and accessibility. By leveraging Solana's high-performance blockchain infrastructure, Filecoin ( CRYPTOCAP:FIL ) expands its reach and enhances the efficiency of its decentralized storage services. Moreover, Filecoin's compatibility with the Ethereum Virtual Machine (EVM) through the Filecoin ( CRYPTOCAP:FIL ) Virtual Machine (FVM) underscores its commitment to fostering cross-chain compatibility and enabling seamless interaction with the Ethereum ecosystem. This concerted effort to bridge gaps between disparate blockchain networks positions Filecoin ( CRYPTOCAP:FIL ) as a versatile and adaptable protocol poised for sustained growth.
Niche Market Domination:
Filecoin's ( CRYPTOCAP:FIL ) unique value proposition lies in its ability to address the growing demand for decentralized cloud storage solutions. Unlike its counterparts, Filecoin ( CRYPTOCAP:FIL ) offers a robust and censorship-resistant platform for storing and retrieving data, catering to a wide range of use cases spanning from archival storage to content delivery networks. The protocol's emphasis on security, scalability, and decentralization resonates with users seeking reliable and cost-effective alternatives to traditional cloud storage providers. As Filecoin ( CRYPTOCAP:FIL ) continues to carve out its niche in the market, its ongoing rally signifies a growing recognition of its intrinsic value and utility.
Future Outlook:
While Filecoin ( CRYPTOCAP:FIL ) remains below its all-time high, the current rally serves as a harbinger of the protocol's potential to reclaim its position as a frontrunner in the decentralized storage landscape. With a slew of strategic partnerships, technological advancements, and community-driven initiatives in the pipeline, Filecoin ( CRYPTOCAP:FIL ) is poised to capitalize on emerging opportunities and overcome existing challenges. As blockchain adoption proliferates and decentralized storage gains mainstream acceptance, Filecoin ( CRYPTOCAP:FIL ) stands at the forefront of innovation, poised to reshape the future of cloud storage.
Conclusion:
As Filecoin ( CRYPTOCAP:FIL ) continues to push the boundaries of decentralized storage, its journey towards mainstream adoption gains momentum, driven by a shared vision of a more equitable and resilient digital infrastructure. With each milestone achieved and each partnership forged, Filecoin ( CRYPTOCAP:FIL ) reaffirms its position as a trailblazer in the decentralized storage revolution, poised to unlock new possibilities and redefine the paradigm of data storage and accessibility.
FILUSD Just flashed the strongest long-term bullish signal!Filecoin (FILUSD) closed last week's 1W candle above the 1W MA100 (green trend-line) for the first time since the January 10 2022 1W candle! That alone is a major long-term bullish signal that validates the transition to the Bull Cycle. A further closing above the Lower Highs trend-line, would confirm the bullish break-out signal without any additional hurdles in front of it.
This basically resembles the February 10 2020 candle of the previous Cycle that closed above the 1W MA100. As you can see, it failed to close immediately above the Lower Highs and as a result pulled-back to the historic Support Zone (red) before starting the sustainable Parabolic Rally (of course that was during the March 2020 COVID market crash). A Bullish Cross between the 1W MA50 (blue trend-line) and 1W MA100 took place. That's something we are still missing on the current Cycle but estimates show we can get one by the end of April - beginning of May.
As a result, we are prepared to buy if the price breaks and closes above the Lower Highs trend-line and target the bottom of the Symmetrical Resistance Zone at 23.000. If rejected, expect a pull-back near the 1W MA50 and then start of the Parabolic Rally to test the 126.000 All Time High.
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FIL Price Breakout Run Eyes $1218% Price Surge: Filecoin's price has witnessed an 18% jump, successfully breaking past the $7.50 barrier, showcasing significant bullish momentum.
Integration with Solana: Filecoin's successful integration with the Solana ecosystem marks a pivotal development, potentially enhancing FIL's utility and appeal.
$12 Price Target: Given the current bullish trend and potential breakout patterns, FIL's price trajectory is aiming towards the $12 mark, indicating a substantial upside potential.
Market Cap Standing: With a market cap of $3.84 Billion, Filecoin ranks as the 27th biggest crypto, highlighting its significant presence in the crypto market.
Trend Reversal Indications: The double bottom reversal from the $5 mark signals a strong trend reversal, positioning FIL among the top performers in the current market momentum.
Rounding Bottom Pattern: FIL's current price action forms a rounding bottom pattern with a neckline at $7.56, suggesting an imminent breakout possibility.
Surge in Trading Volume: A 222% increase in trading volume underscores the strong buying interest and market support for FIL's uptrend.
Boost from Solana Integration: The integration with Solana has positively influenced market sentiments, turning it into a significant "Buy-the-news" event for Filecoin.
Current Trading Price: FIL is trading at $7.51, with a 1.47% intraday move, indicating that there's additional momentum left for further gains.
Fibonacci Levels: FIL trading above the 78.60% Fibonacci level supports the bullish continuation, with the $7.56 neckline breakout poised to target higher levels.
Solana and Filecoin Pioneer Decentralized Blockchain SolutionsTwo giants, Solana and Filecoin ( CRYPTOCAP:FIL ), have joined hands in a groundbreaking collaboration aimed at revolutionizing decentralized storage solutions. Solana ( CRYPTOCAP:SOL ), known for its lightning-fast transactions and scalability, has integrated Filecoin's decentralized storage capabilities to enhance the reliability and security of its blockchain network. Filecoin's native Token ( CRYPTOCAP:FIL ) immediately responded to the collaboration by surging with about 5% on Saturday Morning
The integration of Filecoin ( CRYPTOCAP:FIL ) marks a significant departure from traditional centralized storage solutions, as Solana embraces the decentralized ethos inherent in blockchain technology. By leveraging Filecoin's ( CRYPTOCAP:FIL ) robust infrastructure, Solana aims to make its block history more accessible and usable for a wide range of stakeholders, including infrastructure providers, explorers, indexers, and developers.
One of the key benefits of this partnership is the enhanced scalability of the Solana network. With Filecoin's ( CRYPTOCAP:FIL ) decentralized storage solutions, Solana ( CRYPTOCAP:SOL ) can achieve greater data redundancy and scalability, ensuring that the network can handle growing demands without sacrificing performance or security. This scalability is essential for accommodating the increasing volume of transactions and applications built on the Solana blockchain.
Moreover, the collaboration between Solana and Filecoin ( CRYPTOCAP:FIL ) underscores the power of blockchain networks to create more resilient ecosystems for users and developers alike. By combining their strengths, Solana and Filecoin ( CRYPTOCAP:FIL ) are paving the way for a future where decentralized technologies play a central role in shaping the digital landscape.
The announcement of Solana's integration with Filecoin ( CRYPTOCAP:FIL ) has been met with enthusiasm from the blockchain community, with many recognizing the potential for this partnership to drive innovation and adoption in the space. Solana's decision to utilize Filecoin's solutions for decentralized block history storage demonstrates a commitment to improving the scalability and security of its network while maintaining decentralization principles.
Looking ahead, the collaboration between Solana and Filecoin ( CRYPTOCAP:FIL ) is poised to usher in a new era of decentralized blockchain solutions, where scalability, security, and accessibility are paramount. As blockchain technology continues to evolve, partnerships like this serve as a testament to the potential for collaboration to drive meaningful change in the industry.
In conclusion, Solana and Filecoin's ( CRYPTOCAP:FIL ) alliance represents a significant milestone in the journey towards decentralized blockchain solutions. By leveraging each other's strengths, these two projects are leading the way towards a future where blockchain technology empowers users and developers with unprecedented levels of scalability, security, and accessibility.
FILECOIN - confirmed Momentum UP on 4HR - Maybe 70-100% profitNot the greatest chart, more of a swing trade over then next two weeks. Not a homerun trade but could be solid 70% profit in short term.
Filecoin Is About To Pump Beyond Your Wildest Imagination!Filecoin arguably has the single most bullish chart in all of crypto and I will explain why!
On this weekly chart, we can observe a clear breakout and retest of the long-term resistance trend. Not only have we had a breakout and retest, but the price level to break, around $7, has confluence with the most important technical levels, namely:
1. The 0.236 fibonacci retracement level;
2. A crucial horizontal resistance level;
3. The 100 weekly moving average;
Furthermore, price has currently found support on;
1. The weekly 8 EMA;
2. Long-term resistance that has turned support (this resistance-to-support flip is almost 3 YEARS OLD, which is incredibly significant);
3. A previous important horizontal resistance that has turned support (black dashed line).
Furthermore, the BINANCE:FILBTC chart shows a similar structure. TSX:FIL has also broken out of its longterm downtrend against CRYPTOCAP:BTC , so there is confluence between the COINBASE:FILUSD and the BINANCE:FILBTC chart, which adds even more significance to this incredibly bullish #crypto chart, possible the most bullish chart of a large cap #DePIN #cryptocurrency that has not pumped yet.
If #filecoin manages to break the $7 resistance level, I can see it propel to around $16, which is where the 200 weekly moving average sits at, within several days, possible within a few hours.
This also means your time to accumulate filecoin below $7 is running out. In fact, I would not be surprised if filecoin breaks $7 today and leaves all the doubters and hesitating weak-hand plebs behind!
Please note $16 is a minor initial target. Filecoin could easily run all the way to $26 and beyond within a few days of breaking out, which could happen at any moment.
Filecoin: the most underrated DePIN cryptocurrencyFilecoin: the most underrated DePIN cryptocurrency.
DePIN = Decentralized Physical Infrastructure Networks.
Filecoin is a storage DePIN.
Storage is crucial for not just AI data storage, but for data storage in general, especially as the world is becoming increasingly digitized.
Filecoin is the best positioned storage DePIN project for the upcoming bull market.
It has liquidity, trust, and a real world-use case.
Besides, it's down 98% from its all-time-high.
I believe Filecoin will rise beyond everyone's wildest imaginations.
I expect Filecoin to reach the $20-$30 target before the end of Q1 2024. After a correction, it will slowly rise to a new all-time-high, probably some time in late 2024 or early 2025.
Break out on FIL Descending Wedge Pattern Hits Support - Possible Break out
Estimate 10% To the Bull
