Filecoin is a Shitcoin and Will Drop MassivelyIs Filecoin a scam shitcoin?
Showing massive weakness while the rest of the market is going berserk.
Reason:
When during a massive, market-wide bull market everything pumps massively but your asset in the same category does not, it means you're holding a garbage asset that will continue to underperform for the duration of the bull cycle.
Many coins in the same category as filecoin, such as helium and pocket network, have done 400% - 1000% in recent weeks, while filecoin is struggeling with an age-old resistance. If filecoin does not break out within the next 24 hours, you can rest assured it will be the shittiest coin to hold for the next year!
FILUST trade ideas
fil greparing for solid recovery seems like consolidation is almost over and fil finally preparing for massive breakout
On Verge Of Massive Breakout Formed Text Book Symmetrical Triangle & Testing It In case Of Successful Breakout Expecting Move Towards 20 to 25$ in midterm
keep eyes on fil for confirmed breakout
FIL/USDT | 1d 👀1. Filecoin displays signs of a potential reversal in trend, prompting investors to explore buying opportunities within the accumulation zone.
2. Anticipate a robust bullish rally in the mid-term, with the volume indicating a favorable momentum build-up.
✅ 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 #Trading #FIL
FIL ANALYSIS🟢 #FIL Analysis : Waiting for Breakout 💰💰
🚀🚀As we can see that #FIL is trading in a DescendingTrianglePattern. If #FIL breakout with good volume then we can see a big bullish move 📈📈
🔖 Current Price: $5.488
⏳️ Target Price: $11.000
⁉️ What to do?
- Keep your eyes on the chart, observe trading volume and stay accustom to market moves.🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#FILAnalysis #Cryptocurrency #WaitingforBreakout #DYOR
FilUsdtWe are in an era where gaming and artificial intelligence projects will have the ability to move well in the opposite bullran
Many people are looking for these projects, but in fact, when gold discovery is fashionable, those who sell shovels and picks make more profit.
These projects need space, and for this, you should pay attention to projects like FileCoin.
Projects that can grow with the growth of each of these technology branches
Of course, note that this currency may be difficult to reach the previous ceilings due to high inflation
But it still has a good place for profit
Good luck
EntryPoint:
5.467
5.348
5.058
Supports:
4.752
4.465
4.090
3.654
3.166
Resistance:
6.285
Targets:
7.910
10.610
15.370
18.692
24.668
MidTime:
41.600
60.348
97.067
HODL:
163.972
237.095
GOAL
383.845
Filecoin Double Top: $0.50 nextFilecoin has proved itself to be a shitcoin. Every DePIN coin has pumped massively, but Filecoin has been left behind. This is a very bad sign. The daily chart shows a double top pattern. I think Filecoin will drop 90% and go below $1 soon. It's quite sad because some people bought this coin for $200 or higher. They basically lost 100% of their investment with no chance of recouping even 5% of it.
FILUSDT Bullish Divergence and falling wedgeFILUSDT is forming a falling wedge pattern and looks set to breakout to the upside.
It has formed bullish divergence on the RSI.
It is also retesting its previous support levels.
Whether you trade the old sideways S/R levels or the falling wedge, in both cases, your target price is exactly the same.
#FIL/USDT#FIL
The price has been moving in a downward channel since last April
The downtrend for that channel was broken at $3
It is the same strong support area
The price has gained nearly 200% so far
Supported by oversold on MACD
It is supported by the moving average 100 break of 1 D Frame
Current price 5.5 $
First goal 7.06 $
Second goal 9.11 $
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
FIL/USD Poised for Upward Movement Post-OB Rejection? 👀 🚀💎 Paradisers, focus on #FILUSDT as it displays a promising trading pattern. After experiencing rejection from a bearish Order Block (OB), it is now regaining upward momentum, indicating a strong likelihood of an upward movement following a successful breakthrough above the OB level.
💎Delving into #FILECOIN past market behavior, it has shown a consistent pattern of navigating a descending channel, breaking above, and then initiating an upward trend. Recently, after encountering resistance at the Bearish OB level of $5.755,#FIL retraced to a support level where it previously exhibited a Market Structure Shift (MSS). It’s now showing signs of regaining upward momentum to challenge the substantial supply level above at $9.168.
💎 However, in the ever-changing landscape of cryptocurrency trading, it’s essential to prepare for various possibilities. If #FIL struggles to sustain its current upward trajectory, attention should shift to potential bullish continuity from the support level of $4.228. A descent below this pivotal level might suggest a more significant downward trend. 🌴💰
