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Filecoin

Filecoin - Breaking out, or more down?While I'm bullish long-term with Filecoin, it's been brutal watching this project battered and left for dead. And dead they most certainly are not. Filecoin has launched it's mainnet, and it's creator also created IPFS, a decentralized file storage mechanism that's quickly becoming more and more popular, This is bullish for Filecoin. So is Filecoin's narrative - decentralized file storage - at just the time when the world needs a decentralized alternative to Amazon and other centralized providers. I'll believe the baby uptrend I'm seeing on the 15 minute chart if it can breach our trendline and find support above it. Otherwise, we retest 20 at minimum and probably below, just to demoralize holders some more.
by lonestar108
2
FIL 12h While the fall is over, the consolidation period beginsThe previous FILUSDT idea worked out perfectly in just 10 days, and the price lowered by -20% First, we advise you to go through a series of the FIL ideas, they will be attached at the bottom of this idea in order to read more about the project itself and understand our analysis logic. FILUSDT is moving along its own route, without much addiction to BTC. Now we can expect that a certain consolidation will start on the chart in the zone of $23.5-25.4 . Anyone who wishes can safely trade within this 8% range, the stop is short, and the volatility is low. If the attempt to fix the price above $25.4 is successful, then the next level of buyers' profit taking will be $27.40. If such an attempt is unsuccessful, then sellers will hit with all their might and the price may sharply fall down even to $21. _______________________________ Since 2016, we have been analyzing and trading the cryptocurrency market. We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
by P_S_trade
5
$FIL FileCoin Quick Analysis Overview ( @Filecoin )Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today . Filecoin is a peer-to-peer network that stores files on the internet, with built-in economic incentives to ensure files are stored reliably over time. I remember how hyped was Filecoin when it launched, a lot of profits were made when it found its top and it was in a downtrend till now. Finally i can see some traction and seems like the downtrend is broken with huge volume. Risk: 5 Reward:8 Peace. 🍌 Please read the description 1-2 times including the Disclaimer before commenting 🍌 P.S. You're awesome! You can't be successful in all your trades, 30-40% is already higher than average traders you see!
Long
by BulloTaurus
2
✳️Filecoin/USDT (1/11) #FIL $FIL #FILUSDTFIL is accumulating after breaking out of the Falling Wedge pattern and if it does not lose the 30-31$ zone it will rise to the 40$ and even 45$ zone in the next few days. But if it falls out of the 30$ zone it will fall to the 23$ zone 📈BUY- LONG Strategy - Buy: 30-31$. Stoploss if B 📉SELL-SHORT Strategy - Sell: 39-40$. Stoploss if A - Sell: 44-45$. Stoploss if A ♻️BACK-UP Plan - Sell close to 30-31$. Stoploss if A - Buy: 22.5-23.5$. Stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
Long
by CryptoStation
FileCoin FILUSDT - Elliott wave completed + bearish target- Elliott impulse wave completed with a long wick candle at the end of the trend - I do not really see a continuation, first we are looking for some kind of correction to the downside - You can buy 0.618 fib for a short term bounce or double bottom pattern - You can also profit from this move to the downside by using Futures market Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Short
by UnknownUnicorn2537518
9