$FIL - Bullish and ready to go higher !We have a great Adam and Eve double bottom formation on higher timeframes.
#FileCoin is one of those coins that is currently trading far from its ATH price and has so potential and good fundamentals .
Beside, it's on #Grayscale list and when it comes to pump, it is always a different one.
NFA
Good luck !
Filecoin
Filecoin (FIL) - August 7Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a nice day.
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(FILUSD 1W Chart)
If the price holds above the 47.1490963-53.9757257 range, we expect the uptrend to continue.
(1D chart)
It remains to be seen if the 63.0641658-77.2749855 section can find support and move up.
If the price holds above the 77.2749855 point, it is expected to turn into an uptrend and move higher.
If it falls in the 47.1490963-53.9757257 section, it is likely to deepen into the mid- to long-term investment area, so careful trading is required.
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(FILBTC 1W chart)
If the price holds above the 0.0015437 point, it is expected that the uptrend will continue.
(1D chart)
If the price holds in the range of 0.0014371-0.0018899, it is expected to turn into an uptrend.
However, it is expected that the uptrend will continue only when it deviates from the downtrend line.
If it goes down, you should check to see if it finds support in the 0.0012107-0.0014371 zone.
If it falls from the 0.0012107 point, it is possible to enter the mid- to long-term investment area, so you need to trade cautiously.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L : Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
FILUSDT Is Going up to the Reach the Resistance Line
Welcome back Traders, Investors, and Community!
Hi Traders, FILUSDT on H4 is in the Bearish channel after the rejection from the Support it may go back for another retest of the Support before it goes to upper line of the channel. If we get a breakout above the channel we can expect to reach 55.20
⬆️Buy at Resistance Breakout or Buy at 43.5
⭕️SL @ 39.0
✅TP1 @ 55.20
✅TP2 @ 73.55
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
Filecoin 106% gains Setup- if you follow this setup, do not overleverage
- do not use more than 1% of your balance
simple and effective:
-speculative setup
-entry at 88.2 fibonacci
-should be good support here
-target between R1-M Pivot and 2 trend based fib
-if he fails here more downside possible
-TP +106% gains
-massive RR 10.81
-updates will follow
-like so you don't miss anything
good luck
not a trading recommendation or a investment advice
just my own opinion
Filecoin (FIL) - July 16Hello?
Welcome, traders.
By "following", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FILUSD 1W Chart)
If the price holds above the 53.9757257 point, it is expected that the uptrend will continue.
(1D chart)
We'll have to climb to the 63.0641658-77.2849855 section and see if we can find support.
If it declines at this rate, there is a possibility of entering the mid- to long-term investment area, so careful trading is required.
However, you should also be prepared for this, as it may touch the 34.0991707 point or the uptrend line and move higher.
It must move above the 77.2749855 point to continue the uptrend.
-------------------------------------
(FILBTC 1W chart)
If the price holds above the 0.0015437 point, it is expected that the uptrend will continue.
(1D chart)
If the price holds in the range of 0.0014371-0.0018899, it is expected to turn into an uptrend.
If it falls in the range of 0.0012107-0.0014371, it is possible to enter the mid- to long-term investment area, so careful trading is required.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly with the movement of price and volume.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
FIL / USD - Double Bottom before Rally2H chart just confirmed a head and shoulders pattern. I've been expecting a strong rally following its 80% correction over the last few months. We've broken out of downtrends on both pairings, BTC and USD. We recently experienced a death cross on the 50/200 daily EMA and MA. The last time this occurred we saw a brief drop in price, followed by the strongest rally filecoin has had to date. I think it's about to happen again.
First, double bottom while re-testing the top of the trendline we broke out of, then rally. This chart is for the double bottom prediction alone, see related ideas in the links below.
FIL / BTC - Important Levels & Parallel DowntrendQuick reference chart for trading FIL / BTC to share, regardless of which direction price chooses to go.
See other related chart ideas for Filecoin.
I believe we either make a small double bottom here around ~0.0014-0.0015, and then head up towards the top of our channel, or we head all of the way back down and make a double bottom on the overall chart.
FIL / USD - Update on Breakout of Downtrend4H Chart here, displaying 50/200 daily EMA and MAs. We recently confirmed a death cross with our MA/EMA. Within days of our previous death cross, filecoin had a golden cross and rallied to over 230 dollars over the weeks that followed. Here we are again, just after breaking out of a nearly 90 day, 80% correction.
We either head up imminently, or it's possible that we re-test our bottom @ ~45 dollars while re-testing near the top of the trendline we recently broke out of, forming a double bottom prior to the rise. If we head down before up, I feel like the potential for greater gains exists. Meanwhile, I'm targeting a move back up to the 3 most recent fibs, and some resistances not shown here that are near the fibs. 112 and 124 seem like good targets if we can break 70 dollars, possibly a move up to 150-160s.
Filecoin (FIL) | The Game Changer MoveHi friends, hope you are well and welcome to the new update on Filecoin (FIL) coin.
A death cross and rising wedge formation:
On the daily time frame chart, the price action of Filecoin is moving in a rising wedge pattern. There is also a death cross between 200 simple moving average and 50 SMA formed above the rising wedge pattern. This death cross is considered a strong bearish signal among the trader’s community. This situation put pressure on the price action and pushed price action to the support of the rising wedge. Now the priceline of the FIL is likely to have a bounce by the support of the rising wedge. If the price action will be reached the resistance then it will be approximately upto $69, which is more than 17% move. The rising wedge pattern is also considered as a bearish reversal pattern. But there is also another bullish reversal pattern formed which we will discuss later in this article, which can stop the price action to break down the support of this rising wedge.
Big rally and rejection from resistance:
From January to April 2021, the price action of Filecoin has surged more than 950%. Finally, priceline of FIL found strong resistance at $200 and after several rejections finally, the price action moved down and broke down the $160, $130, $95, and $65 support levels. Now the price action has found strong support at $45 and moving between $45 support and $65 resistance.
Big harmonic BAT pattern flashed:
While the price action is getting bounced by the support of the rising wedge pattern and having firm support of $45 as well. At the same time the price action has formed a big bullish reversal harmonic BAT pattern and moving in the buying zone on of this BAT.
The buying and sell targets of this bit BAT are as below:
Buy between: $66.66 to $44.84
Sell between: $118.70 to $196.82
The maximum extent of potential reversal zone $44.84 can be used as stop loss. As per the above targets, this trade has a huge profit possibility of 338%, and the loss possibility is 33%. But at the moment it is a low-risk trade, coz the price action is already at the end of the buying zone.
Conclusion:
The price action of Filecoin has formed a bearish reversal pattern on the daily time period but if we compare this bearish reversal pattern with bullish reversal harmonic BAT, then the BAT is stronger than this rising wedge. Because the harmonic BAT has been formed on the 4 day chart where as the rising wedge is on the smaller time frame. The price action most of the times follows the signal of the bigger rather than the smaller time frames.
Filecoin (FIL) - June 30Hello?
Welcome, traders.
If you "follow", you can always get new information quickly.
Please also click "Like".
Have a good day.
-------------------------------------
(FILUSD 1W Chart)
We should see support at the 53.9757257 point and see if we can move higher.
It remains to be seen if it can move above the 80.6099386 point and turn into an uptrend.
(1D chart)
We need to climb to the 63.0641658-77.2759855 section and see if we can find support.
If it rises in the 63.0641658-77.2759855 section, it is expected to turn into an uptrend.
However, in order to accelerate the uptrend, it must break out of the downtrend line.
If it does go down, you should watch to see if it follows an uptrend line.
-------------------------------------
(FILBTC 1W chart)
We need to see support at the 0.0015437 point and see if we can move higher.
It needs to move above the 0.0019810 point to continue the uptrend.
(1D chart)
We will have to wait and see if we can sustain the price in the 0.0014371-0.0018899 range to turn into an uptrend.
To accelerate the uptrend, you need to break out of the downtrend line.
If it does, we should see support from the 0.0012107-0.0014371 zone and see if it can move up along the uptrend line.
------------------------------------------
We recommend that you trade with your average unit price.
This is because, if the price is below your average unit price, whether it is in an uptrend or in a downtrend, there is a high possibility that you will not be able to get a big profit due to the psychological burden.
The center of all trading starts with the average unit price at which you start trading.
If you ignore this, you may be trading in the wrong direction.
Therefore, it is important to find a way to lower the average unit price and adjust the proportion of the investment, ultimately allowing the funds corresponding to the profits to regenerate themselves.
------------------------------------------------------------ -----------------------------------------------------
** All indicators are lagging indicators.
Therefore, it is important to be aware that the indicator moves accordingly as price and volume move.
However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.
** The wRSI_SR indicator is an indicator created by adding settings and options to the existing Stochastic RSI indicator.
Therefore, the interpretation is the same as the traditional Stochastic RSI indicator. (K, D line -> R, S line)
** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)
** See support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee a profit or loss in investment.
Explanation of abbreviations displayed in the chart
R: A point or section of resistance that requires a response to preserve profits.
S-L: Stop Loss point or section
S: A point or section where you can buy to make a profit as a support point or section.
(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)
GAP refers to the difference in prices that occurred when the stock market, CME, and BAKKT exchanges were closed because they are not traded 24 hours a day.
G1 : Closing price when closed
G2: Opening price
(Example) Gap (G1-G2)
FIL / BTC - Filecoin has Broken out of Macro and Micro TrendsFIL / BTC has broken out of both downtrends, on the micro and macro levels. Both break-outs attempted re-tests unsuccessfully (failed touching the top of the break out area, both times, especially strong on the macro trend break out), making it look strong vs. BTC pairing.
Next resistances are the red boxes, support is green.
Expecting we see at least 0.002 or just below that barring no move below the green box. A break above 0.002 and the micro channel could send us back into the bigger red box. right red box may be a strong stopping / testing area if we get back within it. If we get above that area as well, we can start to think about significantly higher movement.