Filcoin. TACHED MY TARGET It easily touched my target even higher than I thought, of course it was $11, but I decided to be cautious of $9 in the short term,... . I set the rest of the target in the chart
FILECOINUSDT.P trade ideas
FILIdea: The price is trying to break the downtrend line and start a trend reversal. the weekly 50 MAs zone is the key resistance. The price is in a very strong RSI overbought zone on many timeframes
Filusdt ,, Target Fil has done very well and I expect her to go higher, at least another 40% increase,
Target 9 $
$FIL - GOD candleHello my Fellow TraderZ,
Have a look at the GOD candle produced on the $FIL.
I'm anticipating a retest of the Resistence, then further upside to $9.5 -$11. Only if the #BULLS show some mercy to dip buy.
CHEERS BULLAS.
FILUSDT(Filecoin) Daily tf Range Updated till 18-02-23FILUSDT(Filecoin) Daily timeframe range. its very healthy with some good amount of volume right now. #7.944 is resistance for now, if it breaks clean it got clear space till #9.525. that depends if money flow keeps on.
FIL/USDT back to sideways?Hey, guys ✌️
FIL coin is next one we will be looking into. Currently pushing towards the upper side of sideways movement where also sits 200EMA. this zone is strong resistance to be broken and we see that we will be going back to that sideways movement but, we might see some liquidation movement towards upper zones just to liquidate some positions.
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.
Filecoin FIL price goes up against the market trendWhile almost the entire cryptocurrency market has entered a correction phase, FIL buyers decided that this was the perfect time to provoke a price increase) Who are we to contradict them?)
Given the good and complete development of the previous idea, it is worth updating our thoughts on the possible future price of the Filecoin token
Looking at the chart, we see two targets for growth: roughly speaking, $7 and $10 , and the two have a real chance to be reaching in the near future.
If you are a medium- or long-term investor who believes in the prospects of the Filecoin project, then the following advice is for you: the closer the price is to $5, the larger your FIL buy orders should be. After all, looking at the global chart, the prospects for FILUSD price growth are at least x10.
_____________________
Did you like our analysis? Leave a comment, like, and follow to get more
Filecoin This analysis is made based on your request
FIL / USDT
Its looks like a retest of local support zone
If price able to hold above it next few days …new bullish wave is expected to major resistance in my chart
Incase of losing current support.. price will form double bottom at major support (ATL) and rise again to same resistance
FIL LONG SETUPHi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the FIL symbol.
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 a big move expectedfilecoin is close to its one-year bearish trendline resistance
a breakout could be huge
expected tps after the breakout is 16-19
NFA
DYOR
Just some idea about FIL and my own opinionSince FIL experienced a big ban from China and most of the vendors quit or moved to the western countries, there is a big fall back in the price and what we see so far could be a sell off from the repayments of outstanding debts and the maturities of staking coins. This is why FIL has a firm ceiling below 6. We will foresee the upcoming basic events in the market and see much of the slow growth in the FIL price.
✅TS ❕ FILUSD: double bottom✅✅ Filecoin is moving above the range.
The price has formed a double bottom and is testing the resistance level.
FIL will continue to grow. ✅
🚀 BUY scenario: long to 5.596. 🚀
----------------------------------------------------------------------------
Remember, there is no place for luck in trading - only strategy!
Thanks for the likes and comments
FIL Looking Bullish!Take a look at FIL, folks, it's holding on like a bull with a vise grip! Why, you might ask? Because there's a massive buy wall between 4.95 to 5.03 range that's keeping this bad boy steady. But don't go celebrating just yet, we're waiting for a breakout confirmation around that 5.10 resistance zone. And there's a big sell wall waiting for us between the 5.065 to 5.11 region. So what do we do? We keep an eye on that bullish structure, but we also manage our risk properly, because that's how we roll in this wild world of trading!
Potential for a stronger reactionThe next support level is considered to be in the $4-$4.20 range, which has the potential for a stronger reaction. Filecoin is again more likely to undergo a deep correction on the weekly timeframe if it loses the current support. But selling pressure may momentarily push the price below this support, which is highly likely in the current conditions. Therefore, we should wait until the price stabilizes at the support levels.
✴️ Filecoin | Trend Reversal (Name Your Altcoin #30 ✅)
The market has two main cycles, bear and bull or up and down. GREE and RED.
Once one cycle is over, the next one starts.
This can remove a lot of the complexity of buying and selling.
So, can we make a case for the bearish wave to be over for Filecoin vs Tether (FILUSDT)?
If the bearish wave is over, a bullish wave follows... But we can have bearish waves within bullish cycles and bullish waves within bearish cycles.
Corrections in short.
In a period of 623 days, Filecoin dropped by 99%. That's -99.02% from the March 2021 All-Time High, to the December 2022 All-Time Low.
We have that one on our side... The bottom is likely in already based on the simple fact that altcoins tend to correct between 93-98% on their USDT pairs. This one went beyond and hit 99%.
The next signal is the trading volume.
I mentioned this one tons of times in the past but then moved to some other signals... Some of you might remember it.
We have really high bear volume in August 2022.
As a new low is hit in December, this bear volume is much lower... Telling us that the bears are exhausted.
We can also spot a 5 down-wave pattern.
When we can easily count 5 waves, the current move is very likely over.
What follows is a correction which in this case would be an upward correction a or full change of trend.
The change of trend would signify the market switching from bearish to bullish.
These are very strong signals.
Anyway, we don't have to guess or be right. If I am trading, I just need to define my support levels, define my risk/stop-loss.
We can have two stop-loss based on personal risk tolerance or trading style.
A short-term one and long-term one.
Everybody has to do their on thing so I am only sharing some info that you can use the improve your own trading, confirm something, learn or just be entertained.
Short-term, $4.00 is the main support.
One or two weekly sessions/candles closing below this level can lead to closing a trade.
Long-term, the Dec. low.
If FILUSDT closes below $2.32 once or twice then any bullish potential has been completely removed...
Now the good part.
Any trading above $4.00 is super-bullish.
Any trading above the $2.32 December low and there is potential for FILUSDT to move up and grow long-term.
Thank you for reading.
Thanks a lot for your amazing support.
Here we finish Part 3 of Name Your Altcoin.
Namaste.
