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FIL / TetherUS

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FILUSDT trade ideas

FIL(FILUSDT): Important Bearish BreakoutThe price of 📉FIL decreased significantly yesterday, dropping below the lower boundary of a descending triangle pattern on the 4-hour chart. This was confirmed by a strong bearish candle with a lot of momentum. As for potential support levels, the next one to watch out for is around 5.00/4.500. It is likely that sellers will aim for this level in the near future. If you are considering entering the market, it might be a good idea to wait for a retest of the broken triangle boundary as a possible opportunity...Trade safely 👍✅
Short
by FlexiTRADE
5
FIL(FILUSDT): What A Breakout...Sell!Yesterday, the price of 📉FIL experienced a sudden decrease. It fell below a neckline of a descending triangle formation on the 4-hour time frame, and this was confirmed by a strong bearish candle with high momentum. In terms of support levels, the next one I identify is around 5.00/4.500. This is likely to be the target for sellers in the near future. If you are looking to enter the market, it may be worth considering a retest of the broken neckline of the triangle as a potential opportunity...Trade safely 👍✅
Short
by linofx1
1
FIL ANALYSIS🔮 #FIL Analysis 💰💰 🌟🚀 #FIL is trading in an Ascending Triangle Pattern. Buyers failed to breakout the resistance zone. This shows a little bearish signal in #FIL. If there is a breakout in #FIL then we will see a bullish move.🚀🚀 🔰 Current Price: $6.015 🎯 Target Price:    $11.35 ⁉️ What to do? - We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #FIL. 🚀💸 🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments. #FIL #Cryptocurrency #DYOR
by ZEUS_Market_Alerts
Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming?Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming? Filecoin had a BIG TIME rejection. I have warned people! But they alufed at me. I think filecoin can go to $0. If you have bought filecoin above $10, chances are 99.4% you will never even break-even, which is shocking considering some people have bought this at $230! The fact that this coin was $230 and today can't even be $10 after massive bull run, speaks volumes! $0.10 is realistic!
Short
by couldntcomeupwithone
7
FILEUSDTOn-Chain Analysis: On-chain analysis involves studying blockchain data to gain insights into market trends. For Filecoin, we would look at factors such as transaction volume, active addresses, and token distribution. A significant increase in these metrics could suggest growing interest and adoption, potentially driving the price higher. Fibonacci Levels: Fibonacci retracement levels are often used to identify potential support and resistance zones. Traders believe that these levels represent key areas where the price might reverse or consolidate. If Filecoin manages to break through and hold above key Fibonacci resistance levels, it could signal a strong bullish trend. Mass Adoption: Global mass adoption of Filecoin would be a game-changer. As more individuals and businesses adopt Filecoin for decentralized storage solutions, the demand for the token could surge. Increased utility often translates to higher token value. Partnerships, collaborations, and integrations with major players in the tech industry could also fuel adoption. Price Prediction: Given a bullish scenario where on-chain metrics show sustained growth, Fibonacci levels are breached convincingly, and mass adoption takes hold, a $1000+ Filecoin isn't out of the realm of possibility. However, it's crucial to acknowledge the speculative nature of such predictions, and the cryptocurrency market's inherent volatility. Risk Factors: Cryptocurrency markets are highly volatile and influenced by various unpredictable factors. Regulatory developments, technological challenges, or market sentiment shifts can impact prices significantly. It's essential for investors to conduct thorough research and be aware of potential risks
Long
by Kingofdoom7706
SasanSeifi 💁‍♂FIL / 3D ⏩ 6.50$ / 7$ As you can see, in the long-term 3-day time frame, the price has been rising from the demand zone to the liquidity zone. Then, after liquidating the buyers, after a partial correction, it was able to rise again from the price zone of 4.20 USD to the price zone of 5.22 USD. It is currently trading at the price zone of 5 USD. In the medium term, there is a possibility of further growth. A scenario that we can consider is as follows: if the price remains in the price zone of 5/4.70 USD after ranging, it will continue to grow further to the target zones of the liquidity zone of 6.40 and the supply zone of 7/8 USD. In the case of growth, to better understand the continuation of the movement trend, we need to see how the price will react to the supply zone. In addition, if the price penetrates below the price zone of 4.50/4.70 USD and stabilizes, the price may face further correction. 🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️ ❎ (DYOR)...⚠️⚜️ Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help! if you found my analysis helpful, I would appreciate it if you could show your support by liking and commenting. Thank you!🙌✌
Long
by SasanSeifi
4
FIL/USDT Breakout Alert! Descending channel. Bullish Momentum !!💎 FIL has notably made its mark in the cryptocurrency market. Recently, FIL achieved a significant milestone by breaking out of a major descending channel pattern, signaling a shift to bullish momentum. 💎 This breakout suggests that FIL might enter a retesting phase, likely at the demand area or along the support trendline of the descending channel, before it can probability continue its ascent toward a strong resistance area. 💎 However, there's a possibility that FIL might approach the resistance area directly without undergoing a retesting phase. In such a scenario, FIL could face rejection at this resistance level, which might lead it back down to the demand area. 💎 The demand area becomes crucial in this context. For FIL to maintain its upward trajectory, it must bounce back from this area. Should FIL fail to hold its ground at the demand zone, particularly if it breaks below it, the asset could potentially drop further to a lower demand area, around the $4.4 mark.
by MyCryptoParadise