This is what we call a pump and dump.If anyone with even a remotely average IQ looked at the Filecoin tokenomics, we knew this was bound to happen eventually. COINBASE:FILUSD
FILUSD trade ideas
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
FIL retesting the support, then moon !FIL looking very good here with this daliy retest of the support.
When zoomed in H4, we can see a clean bullish divergence right on the support.
I longed it, easy invalidation if close under the support.
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
FILUSD buy opportunity (NEW long) 25 %FILUSD may come back to the buy zone soon which would be the retest of previous resistance as a support. We expect the price to find the support there and have a decent bounce.
25 % upside from the buy zone!
Good luck
if she crosses the top yellow line exit your short u will loose iseemanypeoplesaythiscoinisdead.itisintheprocessofturningthecorner.youwillseethismakefrontpagenewssoon.
what are you going to do with all that money?what are you gonna do with all that a&& all that a&& inside that trunk, I'm gonna get you to drunk. $43. before we head back down buy the dip. NFA
Filecoin huge bull flag 🚀🚀We could see a break out as soon as tomorrow morning. Let the storage wars begin #FILUSD #FILECOIN #STORAGEWARS
FILUSD Forming a Beautiful Bullish PennantFilecoin has formed a textbook bullish pennant - large flagpole, consolidation before the next move. Look for a breakout on high volume, and potential retest before entry.
Massive selling pressure after the spike?Is it shorting, is it because of the minting? any explanation for the huge red volume after the most recent spike? comment below.
buy the dip; data storageeven after its dramatic 1x from the 2022 low, still a buy... not sure another project in the top 100 mkt caps can give you a better possible return than FIL next BR. NFA.
Filecoin fil - recovery not even started yetFilecoin - recovery not even started yet by taking a view on FIB from last ATH
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 reak price resistance at $11.87
green:
if we break above volume resistance at $22.35
What are your thoughts on fil dear Crypto Nation?
*not financial advice
do your own research before investing
FILECOINFilecoin is holding above the 200sma in the past 5$ if it can find the 11$ buyers and hold above 15 we could test the 200sma at 28
FIL - Storage Coins Leading The Day!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
For those who know me well, know that I have been a big fan of Storage coins like FIL, STORJ, AR and many more...
After the big increase in FIL this week, Storage coins are getting the attention of many investors.
Coins related to Metaverse, Defi and many categories had their time. Will storage coins be the next movers?
Let's get back to our price action analysis ;)
on H4: Right Chart
the bulls took over after rejecting the 5.0 round number and breaking above the gray range.
now what?
on DAILY: Left Chart
FIL is trading inside our red channel, so yes we are still bearish from a long-term perspective.
For the bulls to take over from a longterm perspective, we need a break above the last major low and 20.0 round number.
but first we want a break above the upper red trendline to invalidate it and then be able to test the 20.0
Meanwhile, the bears can still kick in to form a new major swing high around the upper trendline.
in this case, the new swing high will be considered our trigger swing, and the bulls need to break above it for them to take over from a long-term perspective.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
Careful short on FILFilecoin did an amazin job once again.
I see few bearish flags on 15m chart, so I'll dive myself into shorting it. However, be extremely careful! Tight SL on it!
God knows where this could explode!
Trade safe, do your own research and learning!
FIL/USDTHello Traders,
Today we will discuss regarding FIL/USDT,
IMP bottom is in & price raising toward wave 3. its strongest wave & price will go up like rocket. My target of fill minimum is 500$.
If you still out of market wait & take entry after retest & hold up to 19$.
Thanks,
print money as you want with us.
FILUSD bottom forming Filecoin like many altcoins is forming the bottom. We don´t expect a big pull back as many altcoins already formed their bottoms and FILUSD is lagging behind but we expect it to form the bottom soon and pump towards the next strong resistance at 17 $.
However, with the strong bullish momentum (expected in the next weeks), we expect FIL to reach our mid-term target (27 usd) in August or early September.
Long story short:
-Accumulate FILUSD now
-take profit at 17 $
-Sell everything when reaches 27 $ and expect the pullback.
- Most likely BTC will be ranging what will give time for altcoins to rise in the next weeks
FILUSD short-term playAs we expected in our last analysis:
FILUSD has exited the accumulation zone and hit short-term resistance.
RSI is very overbought on 4h and 1h timeframes.
If you want to buy Filecoin, wait for a pullback.
Good luck
Breakout rise
fil breaks through the key pressure range
Expect a new round of gains here
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