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FIL / TetherUS

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FILUSDT trade ideas

Filecoin: Trapped in a Freaky BoxThis is just one of my observations on recent data on Filecoin. I began with the main Downtrend Channel based off four touch points. Then I placed a potential uptrend channel of the same size and manner based off three touch points. Then I build the 3D Freaky Box. It seems to be following these structures based off the both Channels, and the Freaky Box Levels. This is not financial advice. I purchase FIlecoin as an investment, so, I generally do some TA on the Daily Timeframe or higher and typically, it's unique :D Enjoy and Lucky Trading, Mr. Storm
by LvNThL
5
Price Reaction To Support LevelsThe price of FIL is currently within the $3.86 to $4.00 support range. This range acts as a crucial area to support the price and may prevent further declines. If the price stabilizes within this range, an upward movement towards higher levels could be expected. Potential Scenarios: Maintaining Support and Moving Upwards: If the price holds within the $3.86 to $4.00 range and stabilizes, there is a possibility of rising towards the $4.20 and $4.40 targets. These resistance levels could act as short-term price objectives. Breaking Support and Continuing the Downtrend: If the price fails to maintain this support range and drops below $3.86, selling pressure may increase, leading to a move towards lower levels. This scenario would indicate buyer weakness and strengthen sellers in the market.
by MonoCoinSignal
#4 alt-coin to the bag before alt season 2024 (FILECOIN) When i started to put together a portfolio for 2024 i wanted to look for coins with high development, a good usecase or a reason for a good narrativ at least, and a good technical chart. FIlecoin er a coin is a coin that offers contract-based storage,and storage is a HUGE DEAL in a digital world based on data. Filecoin has a lot of DEVELOPMENT, GOOD USE CASE AND HIGH DEVELOPMENT. There is not many competitors in the space for filecoin, Arweave must be the only real competitor. Arweave offers permanent storage, while Filecoin offers contract-based storage. On Arweave, you pay a one-time upfront fee to permanently store your data. Once uploaded, it will never be deleted, and there are no hidden charges (egress fees) for when you need to retrieve and use your data. In my opinion there is a lot of coins that compete and filecoin is chinas answer to Arweave, in the same way NEO is chinas answer to Etherum. I dont want to pick country, but i will choose both ETH and NEO, Filecoin and arweave. That said FIlecoin look good right no, Filecoin added to the bag!
Long
by sivertbb
2