📉 FIL Trade Analysis 📈📊 Market Overview:
Token: FIL (Filecoin)
Current Situation: FIL is retracing into a key support zone marked by the Fibonacci 0.618 level and previous high timeframe resistance.
Trading Approach: Observing buying pressure in this zone to trigger a spot buying opportunity.
💼 Trade Setup:
Entry Range: Consider entering the trade between $7 to $8, aligning with the key support zone and potential buying pressure.
Target Price: Aim for a take-profit range around $13 or $16.5, reflecting potential upside targets based on previous price action and resistance levels.
Risk Management: Implement a stop-loss strategy to exit the trade if the price closes below the critical support level, set at a daily close below $6.
📈 Rationale:
Key Support Zone: The Fibonacci 0.618 level and previous high timeframe resistance act as a significant support zone, attracting buying interest.
Buying Pressure: Observing for signs of buying pressure, such as bullish candlestick patterns or increasing volume, to confirm the validity of the support zone.
Upside Potential: Potential upside targets are based on historical price movements and resistance levels, providing achievable profit objectives.
FIL
⚡ FIL Trade Setup ⚡📊 Analysis:
Market Observation: FIL shows continued bullish momentum, breaking resistance and retesting it as support.
Current Situation: The retest of support at $10 offers a potential entry opportunity.
Strategy: Wait for confirmation of support holding before entering the trade.
Entry Point: Consider entering the trade between the range of $10 to $11.
Take Profit: Target profit levels at around $13 or $16.5.
Stop Loss: Set a stop loss just below the support level, below $9.50, to manage risk.
🌐 Note: Ensure to wait for confirmation of support holding before entering the trade. Monitor the price action closely for signs of a change in character. Adjust the strategy based on market movements and consider factors such as volume and overall market sentiment.
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
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!
FILUSD with a very confident green candle. The confidence the bulls are showing with the current green candle suggests this break upward can sustain itself long enough to validate the breakout. We have 3 at terns validating at once and giving us 3 measured move targets. 1st one at $8 2nd one around $9 and the 3rd and highest one at 13.135 *not financial advice*
FIL: buy in breakeven📊Analysis by AhmadArz:
🔍Entry: 10.53
🛑Stop Loss: 9.55
🎯Take Profit: 11.29-12.13
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#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: $166 USDT
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Time to DCA this coin, Not Financial Advice!!!
The last bullish chance of FILUSDT in Mid term!Hi.
COINEX:FILUSDT
✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a MID-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
FILUSDT is in the ascending phase by the cup and handle.
FIL is in a large C&H if it follows these pattern, the price will have a nice rally.
⭐The pattern increases the price by the amount of the measured price movement (AB=CD).
❗ Note that if the cup and handle is broken down with the power of descending candles, our analysis will fail.
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- CUP&HANDLE
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
🚧FILUSDT is Bullish now🚧 & many Traders don't see it 👀!!!Hi.
BINANCE:FILUSDT
✅Today, I want to analyze FIL for you in a 3D time frame so that we can have a mid-term view of FIL regarding the technical analysis. (Please ✌️respectfully✌️share if you have a different opinion from me or other analysts).
We have a Bullish Structure here
Cup & Handle pattern is completed and now we testing the resistance cluster of Descending Resistance + C&H neckline + 9.20$ Key Zone☝️
Looking for a breakout and rally📈
✅ Due to the Ascending structure of the chart...
- High potential areas are clear in the chart.
- cup&handle
- AB=CD
Stay awesome my friends.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _
✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟!
⚠️Things can change...
The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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
FIL/USDT bullish Horizonsfrom key demand? 👀 🚀FIL analysis💎 Paradisers, brace yourselves for an exciting turn with #FILUSDT as it encounters resistance at the supply zone, paving the way for a potential bullish surge from the demand level.
💎 Through market cycles, we've observed how previous supply zones have transitioned into areas of demand, driving prices higher. Presently, with #Filecoin challenging a key supply area at demand $10.749 there's a promising outlook for a bullish shift from this point.
💎 Conversely, if TSX:FIL falls beneath the $$10.749 level, it might signal a move towards bearish waters, prompting a strategy reassessment. A bullish push from a secondary demand point at $7.862 could be anticipated, yet breaching this could lead to further declines
Filecoin - A Stunningly Bullish ChartCRYPTOCAP:FIL
This chart is one of the easiest layups I've seen, not solely in TA but the fact a where it sits while the BTC ATH has been been breach prior to the Halvening
This is the textbook Ted Warren perfect buying pattern, combined with a Wyckoff accumulation schematic after a perfect 5 wave from the 2020 top.
Since then PA has presented an incredibly bullish momentum breakout, exhibiting mammoth volume at exactly the right place seen through on the OBV which has already flown far past the pervious ATH.
Do what you will with this information, I know I have.
Alikze »» BTC | Next move scenariosAccording to the analysis presented in the weekly time frame, Bitcoin registered a new ATH and is currently facing selling pressure in the lower time frame. Three movement scenarios can be considered for the next movements of Bitcoin.
🔰 The first scenario : if it is not able to break this ceiling in the weekly or daily time, it can continue its growth with a pullback to Fibo 0.78, the range of $50,000 and confirmation of the return to Fibo 1.618 and the next supply area.
🔰 The second scenario : with the failure of the current area, it will grow up to the Fibo 1.618 range of $75,000 and continue its growth with a pullback to the previous major ceiling until the supply area.
🔰 Third scenario : if it enters the correction phase and if it breaks the 0.78 fibo, this correction will continue and probably touch the 1.272 fibo of the previous wave.
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FIL - Next Target is 28$ ( +225% Profit Opportunity)#FIL/USDT #Analysis
Description
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+ As depicted in the chart, FIL has developed a well-defined saucer pattern and has effectively surpassed the resistance level.
+ This unmistakably signals the imminent bullish phase for FIL.
+ I intend to enter a LONG trade at the current price, allocating 0.2% of the capital. The profit potential appears substantial from my analysis.
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VectorAlgo Trade Details
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Entry Price:
Stop Loss:
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Target 1: 9.16
Target 2: 9.8
Target 3: 11.11
Target 4: 13.52
Target 5: 16.24
Target 6: 20.34
Target 7: 28.22
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5-10x
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Enhance, Trade, Grow
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VectorAlgo
FIL/USDT Gearing Up for a Potential Breakthrough at Supply Level💎 Paradisers, focus on #FILUSDT as it's charting an exciting course, now nearing a critical supply level that may signal a market turning point.
💎 Observing #Filecoin's trajectory, it's been navigating a descending channel but has recently made a notable leap above, now eyeing the supply mark at $5.603. Should the price maintain its current energy and push past this level, we're potentially looking at a strong bullish surge towards a higher supply zone.
💎 On the flip side, should #FIL falter and lose steam, a bullish recovery from the support level at $4.773 might be in the cards, with a drop below this point potentially leading to a significant bearish trend.
FilecoinFIL Looks very good. Ready for a move up for at least 80%. We do not have resistance up-to 16.5$ so it looks like we can go to those levels or even slightly above. that would be aver 100% gains.
I take profits starting 70% to 110% except there will be no signs of strength left. then taking all at ~80%
What Is Filecoin (FIL)?
Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020.
The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network where users pay for data storage and distribution services in $FIL. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime.
Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.
TSX:FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.
The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.