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FILUST trade ideas

#FILUSDT (Watchlist) 6-2023Filecoin is a decentralized storage network that offers a more efficient, cost-effective, and secure way to store data. It is a promising project with the potential to revolutionize the way we store data Market capitalization: $1.8 billion Circulating supply: 212 million Max supply: 200 billion Launched: October 15, 2020 Website: filecoin.io Filecoin integrated with Cartesi to bring smart contracts to decentralized storage. Filecoin announced a $100 million grant program to support decentralized storage development. Filecoin integrated with The Graph to make data more accessible. Filecoin (FIL) is considered a Web3 coin. Web3 is the next generation of the internet, which is built on decentralized technologies like blockchain. Filecoin is a decentralized storage network that uses blockchain technology to store data. This makes it a perfect fit for the Web3 ecosystem, as it allows users to store their data in a secure and decentralized way. Add BINANCE:FILUSDT to your watchlist. Note: This isn't financial advice, but an analysis of coin movement (not a buy or sell signal). Before following any ideas, do your own research and practice good risk management. You can't impose your opinion or force it to happen in the cryptocurrency market. So, be prepared for any outcome. Remember, the cryptocurrency market is highly volatile and involves both gains and losses. Understand the risks before investing. Good luck to everyone, and we hope that Allah reconciles and repays us all. 🙏
Long
by HamadaMark
6
FILUSDT Analysis - Waiting for a Price Decline to 4.97 USDTOverview: On the FILUSDT chart, a downtrend is observed, with a key support identified around the 4.97 USDT level, as depicted in the green zone on the chart. Recommendation: It is advisable to await a price decline to the support zone at 4.97 USDT before considering a buying position. This zone appears to be a significant support level, and price history suggests rebounds are common from this level. Key Points: Support Zone: The green zone indicates a key support level at 4.97 USDT. Buying Position: Consider a buying position once the price reaches the support zone at 4.97 USDT. Stop Loss: Use a tight stop loss to manage risk in case of unexpected movements. Risks: Avoid entering a buying position at the 5.14 USDT level, as this could entail higher risks based on technical analysis. Advice: Be vigilant and patient. Wait for confirmation of the price decline to 4.97 USDT before making a buying decision. Utilize tools such as momentum indicators and candlestick patterns to refine your entry. Note: This analysis is based on historical data and past trends; markets can evolve, and it's essential to monitor real-time developments.
Long
by CRYPTO_SETUP
📊#FIL is expected to challenge the Front H⚔️➡️As expected, the market experienced a correction at the daily level, which is very reasonable, because after the structural goals of the large cycle are achieved, there may be adjustments to the corresponding level. Due to the multiple additions to the position, my cost price was raised, so the small portion of the position we had left was wiped out at break-even. 🧠From a structural point of view, we have formed a new long structure in the D buy zone, so it is reasonable to start a daily rebound from here. ➡️From a wave theory perspective, we appear to have completed Wave 4 and are looking forward to the development of Wave 5 Let's see👀 🤜If you like my analysis, please like 💖and share it💬 💕 Follow me so you don't miss out on any signals and analyze 💯
Long
by wolf_king888
FilcoinIn the crypto market, it is crucial to adopt a mindset focused on trading based on the current market conditions rather than attempting to predict its movements. Instead of relying on predictions, it is advisable to switch from long positions to short positions when appropriate. This allows for flexibility and the ability to capitalize on potential market downturns. By doing so, one can anticipate the price to decrease significantly or take profits when specific price levels, indicated by the user's vertical red lines, are reached. Following these recommendations can help traders navigate the crypto market with a more informed and adaptable approach.
Short
by Ener-traders
FIL/USDT | #Filecoin | 1D 👀1. I view this instrument purely from a technical standpoint, I've been monitoring it for quite some time, and the goals are globally relevant. 2. From a technical perspective, I anticipate movement towards $20-40 with subsequent decline. 3. I await clarity by early 2025. I don't plan to search for the bottom. I'll write about any changes. Not financial advice, trade with caution. ✅ Stay updated on market news and developments that may influence the price of Filecoin. Positive or negative news can significantly impact the cryptocurrency's value. ✅ Exercise patience and discipline when executing your trading plan. Avoid making impulsive decisions driven by emotions, and adhere to your strategy even during periods of market volatility. ✅ Remember that trading always involves risk, and there are no guarantees of profit. Conduct thorough research, analyze market conditions, and be prepared for various scenarios. Trade only with funds you can afford to lose and avoid excessive risk-taking. #Crypto #Filecoin #Investing #FIL
Long
by Nyskohuz
7