FILUSDT trade ideas
FIL - The project that promised to secure your dataThis is the era of Data.
Data storage, data security, data privacy, and control over data.
FILEcoin being the first project in the field with the original concept has a lot to offer when in the world of AI, data is the food for machines.
Also, the math is on the side of this coin. The bottom for this coin is almost in. With the current price development next fib level bottom is below zero which gives this project the technical freedom to grow. If investors come to see this project the growth from here is exponential up to 1000%.
But, let's not get out of our sight.
here are two scenarios that I think are possible for this coin. in both the scenarios in the mid to long term, coin shows immense potential.
let's see which scenario plays out.
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FIL ANALYSIS (4H)Hi, dear traders. how are you ? Today we have a viewpoint to BUY/SELL the FIL symbol.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
✴️ Filecoin Trading (Or Any Cryptocurrency) Made EasyTrading can become hard, complex, confusing and at the same time cause headaches, pain and anxiety... Only if you don't know what you are doing or lack guidance.
When you can see clearly;
With the right plan, trading can be made easy.
The first part to make trading easy is having the right entry and an exit point either up or down... And that's it.
If you know you want to get out at 16 on the upside or 4.5 on the downside, then you are set, no anxiety can mess with your head.
Here is Filecoin (FILUSDT) trading simplified.
One buy when prices are low/near support but if you missed the train here is another view.
The most relevant/important support level is the June 2022 low, here marked with a blue line and space.
Any trading below this level and the bullish bias weakens, thus any position can be closed below this line. On the other hand, any trading above this level is bullish, that's it.
When below out, when above in.
Simple isn't it?
Namaste.