FILUSDT.PS trade ideas
$FIL -.Potential to Increase 1700%TSX:FIL
FIL currently worth around US$3.38 with a decrease of around 98.6% from its record high of $236.24 reached in April 2021.
Meanwhile, Filecoin's price to capacity ratio has fallen from $19.45 per EiB in April 2021 to the current value of around $0.27 per EiB, or a decrease of around 99%.
“AI is experiencing a moment of rapid growth".
Time FIL to FLY
FIL target 6.912h time frame
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FIL is consolidating in a big triangle structure, currently on the structure bottom and is approaching to the downtrend resistance, if FIL can get rid of that resistance, we can set target with Fibonacci Extension 0.618 at $6.9, where is also the resistance from long-term downtrend.
Once FIL take out this big triangle structure, there are two higher highs at 8.7 and 11
TP: 6.9 / 8.7 / 11
SL: 2.629
FIL/USDT Rejection + Further Drop? Hey traders👋
FIL coin had a nice rejection near upper resistance zone where we also have 200 EMA. We see a further push to lower zones to continue but we might see a smaller re-test to upper zones of 100 EMA so keep your eyes open!
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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.
#FIL/USDT breaks the Diagonal Trendline and retested it in 4-Hou#FIL/USDT breaks the Diagonal Trendline and retested it in 4-Hour TF!
TSX:FIL rejecting after retest. Looking good for Short if it retested it successfully.
The major resistance level is PWH $3.46. The local support level is PDL $3.285.
Be sure to see the previous updateThese things will be one of the hundreds of trading tips (ignoring some areas) that I myself will reveal for the first time in the future and I will not let the copyists repeat it without mentioning the source, even if it takes years until then. I leave it in God's hands, take care of yourself, dear friend
FILUSDT Long trade ideaHey Traders,
Here comes my idea on a mid risky trade with a possible of gains up to 20%.
If BTC dont nuke this weekend, there could be a nice possible reward.
Keep a eye on that incoming death cross on BTC for reference.
FIL have just done a sweep of the equal lows!
Be carfull after TP1 and the resistance zone, we also have MA 50 and 200 there.( 3.465 - 3.50)
After TP1 hit, move stops to entry point.
Key Notes:
Risk/Reward: 4-1
Entry: 3.132
TP1: 3.465
TP:2 3.762
Stop: 2.974
Dont over leverage!
And please DYOR
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All the best
Pinecones
FIL/USDTHey traders👋
FIL coin is going to be a starter of the day! We see that FIL coin struggles to show any bullish signs here where price gets surpassed all the time it even tries to go for a little bullish run!
We do see a good chance for some bearish further drop to happen! so we are keeping an eye!
If you like ideas provided by our team you can show us your support by liking and commenting.
Yours Sincerely,
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.
FILUSDT is creating a falling WedgeIn the FILUSDT market, we are observing the formation of a falling wedge pattern on the daily timeframe, with the lower boundary of this pattern currently at the $2.740 level.
The falling wedge pattern typically signifies a period of consolidation and decreasing volatility within the market. Traders often pay close attention to such patterns, as they can provide valuable insights into potential price movements.
At the moment, the price of FILUSDT is approaching a critical point at $2.750, which is the upper boundary of the falling wedge. However, it's crucial to be cautious, as there is a possibility that the price may experience a false breakout beyond this level. False breakouts occur when the price briefly moves beyond a key resistance or support level but then reverses.
In accordance with Plancton's trading rules, traders should be prepared for the possibility of a false breakout. It's essential to remain patient and not rush into positions prematurely.
If the price does indeed manage to break out of the falling wedge pattern, it may signify a shift in market sentiment and a potential trend reversal. This could attract new liquidity into the market, prompting traders to consider long positions.
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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 🦐