FILUST trade ideas
FILUSDT is testing the first demand zoneFILUSDT is testing the demand zone on 0.786 on the 4-hour timeframe, which could potentially provide a buying opportunity for traders.
In addition, the market is creating a falling wedge pattern, which is a bullish reversal pattern. A falling wedge occurs when the price of an asset forms a series of lower highs and lower lows, but the range between the highs and lows narrows over time. This creates a wedge-like shape on the chart, and is typically seen as a bullish reversal pattern.
For a potential bullish breakout to occur, the price of FILUSDT needs to create a breakout from the 6.65 weekly resistance level, which has previously acted as a key level of resistance. If the price manages to break above this level and retest it as a new support level, this could provide a strong bullish signal for traders.
Once the breakout and retest of the resistance level has been confirmed, traders can apply Plancton’s rules, a set of technical analysis rules used by traders, to look for a potential long position in the market.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> <= 1h structure.
Follow the Shrimp 🦐
Filusdt Trading opportunitySo excited to announce that FILUSDT has completed a major downtrend wave cycle, and our analysis suggests that the market is now poised for a bullish move as soon as the major TRENDLINE holding as immediate resistance break. We anticipate that the price of FILUSDT will move towards the 61.8% Fibonacci retracement zone, which we expect to act as a major resistance for the BULL.
Moreover, we anticipated a potential Inverse Head and Shoulder pattern in the charts, which further supports our bullish analysis. The pattern suggests that the price of FILUSDT will continue to rise, providing a potential opportunity for traders to enter long positions.
We advise traders to watch for a clear break above the resistance level before taking long positions or make a Long position from the RIGHT SHOULDER zone. Additionally, the 61.8% Fibonacci retracement zone should act as a strong resistance level, and we recommend taking Long profit around this level.
Our analysis suggests a potential upside target of $42-$56 for FILUSDT. However, traders should remain cautious and monitor price action closely, as unexpected events can always occur in the markets.
Do make sure to appreciate our effort with your likes. Remember to follow us for latest update and join our live trading update. As always, it's important to conduct your own research and analysis before making any trades, moreover, never risk more than what you can afford to lose.
Filcoin , technical analyst 🥺Friends, this shows that we are in the neck line, and we will go up to the specified areas. I hope you will profit, because dear friends, I lost all my capital with a mistake, in the past days, and now I am zero, if you can help me, there is no obligation. If you want, help me, tell me in the message. privately to give my wallet number.help me please 😞🥺☹️😥😫😭💔🙏
Filcoin, Technical analyst Here it is more specific, we have to complete the pattern of the right shoulder, but then, 3 positions will be formed, either we go up one beat from here, or we go down to the shoulder at the end of the right shoulder, or we go very low, in I put the pictures in the chart in the previous post.
FILUSDTAccording to the price chart, it is located in the overlapping area of the Fibonacci price levels. And also the price is near a static resistance and a support trend line.
According to the price pattern on the chart, the price is "probably" at the end of its corrective pattern. In my opinion, this correction pattern should end between the 11th and 13th of March.
And the least I expect after the correction pattern ends is for the price to rise to the top of wave A or 1.
But the main targets of this price increase are respectively $20 (100% Fibonacci extension of wave A or 1 from the bottom of the corrective pattern) and $46 (162% Fibonacci extension).
And finally I see $183 (Fibonacci extension 262%).
FIL/USDT At Major Support ZoneGood morning guys ✌️
Another coin is FIL. Currently reached that major support zone price seems to be struggling to break that zone there which is in line with 100EMA. On bigger picture we are waiting for that zone to be broken but it can take some time so, be patient and keep a straight eye for this zone there!
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Swallow Team 🔱
Disclamer:
We are not financial advisors. The content that we share on this website are for educational purposes and are our own personal opinions.
Filecoin FIL Price Targets after the FSB meetingThe Finance Stability Board said today that many stablecoins won`t meet the requirements stipulated in its recommendations for cryptocurrency asset regulation.
This could have have ripple effects in the entire crypto industry!
My price targets for Filecoin FIL are:
FIL/USDT short
Entry Range: $7.80 - 8.50
Take Profit 1: $7.30
Take Profit 2: $6.50
Take Profit 3: $5.60
Stop Loss: $9.60
Filcoin. Analyze On Friday, we saw the attack of whales and banking news, because the news gives this excuse to the whales, they use such news to come in with a specific plan and purpose, however, these events are normal in cryptocurrency, and we have these fluctuations. We have always touched everything, but in general, with all these fluctuations, consider the overall structure of the file like this, and know that the goals of FileCoin are far beyond these prices. In the next 3 years, we will be able to reach very high prices with Hold. let's get