FILCOIN UPDATEFIL / USDT
Price pumped by +91% since my last analysis (check attachment below)
Today after BTC correction we see FIL is setting right on 2nd major S/R
stability above here is strong bullish
if No BTC drama i see this moon soon
Note : in short term price can fluctuate up and down..focus on HTF
FILUSDT.PS trade ideas
FILUSDT
This 4-hour chart for Filecoin (FIL) to Tether (USDT) demonstrates a downward price trajectory within a clearly defined channel.
Channel: The price has been making lower highs and lower lows, which is indicative of a bearish channel pattern. This pattern often signifies a continuation, suggesting that we may see further downward movement within the bounds of the channel.
Resistance Levels (R1, R2): There are immediate resistance levels at approximately 11.32 USDT (R2), with the top of the channel potentially acting as a dynamic resistance. Breaking above this channel could signal a change in the trend.
Support Levels (S1, S2, S3): The chart shows several support levels at 8.53 USDT (S1), 7.43 USDT (S2), and 6.73 USDT (S3). If the price were to continue to fall, these levels may provide areas where the price could potentially stabilize or rebound.
MACD (Moving Average Convergence Divergence): The MACD is below the signal line and the histogram is negative, reinforcing the bearish sentiment indicated by the price action within the channel.
RSI (Relative Strength Index): The RSI is close to the oversold territory, suggesting that the market might be due for a reversal or pause in the downward momentum soon. However, the RSI can remain in oversold or overbought territory for extended periods during strong trends.
Conclusion:
As a trader, I would monitor the price action closely as it approaches the support levels for signs of a potential bounce, which could provide an opportunity for a long entry. However, given the bearish channel and the MACD's position, any long positions should be approached with caution and a tight stop-loss. If the price breaks below a support level, it may signal a continuation of the bearish trend, and I would reassess my position, possibly looking to enter short positions with the subsequent support level as a target. As always, it's important to consider other market factors and news that could affect the price of FIL.
Is FIL preparing for a serious growth? Hello everyone!
I also suggest considering an asset such as #FIL.
The Fibonacci levels intersect nicely with the area of interest on the chart.
I think we can expect a repeat of the price increase to the recent local high and possibly a move above it.
Buy from current values.
Targets on the chart. But the higher the % of expected profit, the longer you may have to wait.
This is not financial advice, everything you do is at your own risk!
FILUSDT Analysis (Aggressively Bullish Trend)Current Trend:
The trend is aggressively bullish.
Reasoning for Long Position:
The current strongly bullish trend makes it risky to take short positions.
To optimize risk, a long position is taken at the current price of 10.63 USDT.
Exit target set at 14.5 USDT.
Position Management Strategy:
The position is divided into two targets:
First target (TP1): 11.60 USDT.
Second target (TP2): 14.5 USDT.
Additional Technical Analysis:
The price appears to be within a block order zone, which may provide additional support for price appreciation.
Conclusion:
With a strongly bullish trend and technical analysis supported by the presence of a block order zone, taking a long position at 10.63 USDT with exit targets at 11.60 USDT and 14.5 USDT seems to be an appropriate strategy to optimize risk while seeking to benefit from the bullish trend. However, it's important to closely monitor market developments and adjust positions accordingly to minimize potential losses.
CAUTION: Arthur Hayes Likes This Coin, So Expect It To -90%!CAUTION!
Filecoin is a coin being shilled by Arthur Hayes, he even expect it to go $100, which is extremely unlikely.
It is obvious he doesn't know A THING about the coin's massive inflation.
Because of this, it could drop to $1 more easily! You have been wanred...
FILUSDTFILUSDT is trading inside the symmetrical triangle . The price is reacting well the support and resistance of symmetrical triangle.
Currently the price is getting support from descending channel and now seems like the bulls are getting ready for some strong upside movement.
If the bulls sustain to upside the optimum target could be 15 followed by 18
What you guys think of this idea?
FIL: buy in breakeven๐Analysis by AhmadArz:
๐Entry: 10.53
๐Stop Loss: 9.55
๐ฏTake Profit: 11.29-12.13
๐"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
๐กJoin us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
๐Please boost and๐ฌ comment to share your thoughts with us!
#FIL/USDT#FIL
The price has been moving in a descending triangle since July 2022
We're about to break that triangle
Moving Average 100 has been broken to the upside
Current price is $5.27
The first target is $6.62
The second target is $7.85
The third goal is $9.40
The market's upward momentum will lead us to the expected targets
But be aware that there are some corrections
FILUSDT : Ready to $81
Hello My Follower
My Technical Analysis Confirm Target Price of ICP Ready to 81 USDT Soon...
Resistant TimeFrame 45m
First Resistance: $55 USDT
Second Resistance: $59 USDT
Third Resistance: $81 USDT
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Resistant TimeFrame 4H
First Resistance: $150 USDT
Second Resistance: $166 USDT
-----------------------------------------------------------------------------------------------
Time to DCA this coin, Not Financial Advice!!!
Filcoin ... Elliot wave ๐Hello friends . FileCoin is in its long-term upward trend, if we use Elliott waves to analyze the logarithmic chart of FileCoin, we can consider FileCoin to be in the 3rd ascending wave. In fact, we can enter bullish wave 5 after the correction and go to corrective wave 4, but if we haven't finished wave 3 yet, it will correct a little bit, and after the peak we will see the correction anyway. Anyway, we will have a good correction for the whole market, and then we will go up not as much as now, a little less, we are now in wave 3 up in most currencies. So don't think of wave 5 as this strong wave 3... Salah is normal in the market, don't be sure that we will be bullish forever, not all markets are supposed to be like Floki. Friends, I lost my entire capital last year due to negligence and greed in FileCoin, so I had a bitter experience. And I am telling you in a friendly way to be careful and never dream.Just as the market can bring you good profits, it can also ruthlessly take your good profits, remember this lesson from me, never be greedy, never ever trade with emotion,Sometimes, the market will act against your analysis, do not use high leverage in crypto for more profit, and observe the loss limit,
The last bullish chance of FILUSDT in Mid term!Hi.
COINEX:FILUSDT
โ
Today, I want to analyze FIL for you in a 3D time frame so that we can have a MID-term view of FIL regarding the technical analysis. (Please โ๏ธrespectfullyโ๏ธshare if you have a different opinion from me or other analysts).
FILUSDT is in the ascending phase by the cup and handle.
FIL is in a large C&H if it follows these pattern, the price will have a nice rally.
โญThe pattern increases the price by the amount of the measured price movement (AB=CD).
โ Note that if the cup and handle is broken down with the power of descending candles, our analysis will fail.
โ
Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- CUP&HANDLE
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
โ
Thank you, and for more ideas, hit โค๏ธLikeโค๏ธ and ๐Follow๐!
โ ๏ธThings can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
๐งFILUSDT is Bullish now๐ง & many Traders don't see it ๐!!!Hi.
BINANCE:FILUSDT
โ
Today, I want to analyze FIL for you in a 3D time frame so that we can have a mid-term view of FIL regarding the technical analysis. (Please โ๏ธrespectfullyโ๏ธshare if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Cup & Handle pattern is completed and now we testing the resistance cluster of Descending Resistance + C&H neckline + 9.20$ Key Zoneโ๏ธ
Looking for a breakout and rally๐
โ
Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- cup&handle
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
โ
Thank you, and for more ideas, hit โค๏ธLikeโค๏ธ and ๐Follow๐!
โ ๏ธThings can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
Is the Filecoin Price Poised for a Major Breakout?A noticeable uptrend has emerged on the 4-hour chart for the Filecoin price as the closing prices moved from $10.15 to a peak of $11.657 before experiencing a slight pullback, stabilizing around $11.487, and then sharply dropping to $9. This pattern suggests a volatile yet bullish momentum in the short term, which has now faced significant resistance, leading to a price correction.
The 9 Exponential Moving Average (EMA) has been consistently rising, indicating that the short-term momentum has been bullish. However, the recent price drop below the 9 EMA suggests a potential shift in momentum. The 20 EMA, starting from $9.866 and ascending to $10.404, reinforces this bullish trend, as prices remained above the 20 EMA until the latest drop. This suggests a strong support level that bulls managed to maintain until the recent reversal.
The Moving Average Convergence Divergence (MACD) further illuminates the situation. With the MACD line moving from 0.213 to 0.490 above the signal line, and the histogram widening, it signals increasing bullish momentum. However, traders should be cautious, as the latest price action may indicate the beginning of a momentum shift.
The Relative Strength Index (RSI) supports the optimistic outlook initially, with values ascending from 56.66 to 68.08, which points towards a buying pressure. However, the RSI being close to the overbought territory could have prompted the recent sell-off as traders took profits.
Given the technical indicators and the current market structure, the Filecoin price is at a crucial juncture. The support levels at $10.301 and $8.919 are immediate areas where bulls may attempt to regain control. A fall below these points could see the price testing the next significant support level at $8.39.
For traders considering entry points, a bounce off the support levels with adequate volume could offer a long opportunity, aiming for previous highs. Conversely, a break below these supports on increasing volume might provide short opportunities, with caution warranted near the next major support.
In conclusion, while the overall trend appears bullish, the recent price action suggests caution. Traders should look for confirmation of direction from the aforementioned technical levels and indicators. Potential entry points for long positions could be around the support levels if bullish signals emerge, whereas short positions might be considered if the price breaks below these supports with conviction.
STRONG BULLISH WAVE TO 50$FIL / USDT will go through its two strongest weekly waves To reach a divergence, first to $28 and then to around $50, and then a correction will try to reach higher points. By drawing the reverse lines, this cutting point will be seen and I will confirm the words of many analysts.
FIL IS VERY BULLISHFrom where we have a red flash on the chart, a big correction has started.
This correction was symmetrical.
Where we have a green arrow on the chart, this symmetrical is over and we seem to have entered a diametric pattern.
We expect the candles to reach TP 1 by maintaining the flip line.
Shorter term targets are marked on the chart
You should note that the time frame is 1 day and this move takes time.
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
FILUSDT: Riding the Bullish Momentum!The FILUSDT market is currently showing strong signs of a bullish trend, characterized by the consistent formation of higher highs (HHs) and higher lows (HLs). As the broader market embraces a bullish sentiment, IOTX is intriguingly trading sideways, creating an impeccable Cup and Handle pattern. The key to unlocking potential profits lies in patiently waiting for the confirmation breakout from the Handle.
๐ Technical Analysis:
The pattern suggests a classic continuation of the uptrend.
Keep a keen eye on the formation of the Cup and Handle, indicating a potential upward surge.
RSI and MACD indicators align with the bullish outlook.
๐ก Trade Strategy:
Awaiting confirmation through the breakout of the Handle for a strong buy signal.
Set stop-loss levels judiciously to manage risks.
Targets are set based on Fibonacci extensions and key resistance levels.
๐ Conclusion:
The meticulous analysis points towards a promising bullish ride for FIL. As always, trade responsibly and adapt to evolving market conditions. Join the conversation - share your insights and let's ride this wave together! ๐๐
๐ Disclaimer: This is not financial advice. Always conduct your research and consider risk management strategies.