FILUSDT 4 HFIL is on weekly demand zone and showing some strength.
target on the chart.
Looks good to hold for short term.
not a financial advice
FILUSDT.P trade ideas
Filcoin tradeBased on the current outlook for Filcoin, it is experiencing a downtrend on higher timeframes. In order to find the perfect entry point for a short position, it is crucial to carefully analyze the market conditions. By doing so, you can identify an optimal entry strategy that aligns with my trading start
FIL - 4H - 50% increase to $8 - Double Bottom patternFIL shows a bullish signal on the 4H time frame with the Redk Everex indicator. Which means that the price is oversold and ready to make a bounce back up. According to the AI tradingview indicator FIL moves in a Double Bottom pattern and is able to go back to $8 which is approx. 50% from current price.
FIL 17.01.24In an environment where the market is generally positive, the halving is approaching, and finally interest rate cuts are discussed, FIL coin will also get its share.
The rising trend (green line) will be the best place to buy, but since I do not want to wait, it would be best to buy in pieces, including these levels.
It will be ready to fly when the 4-hour candle closes above the falling trend (red line) and retests.
TP1 : 7.4
TP2 : 7.99 (psychological resistance)
TP3 : 8.61
What I write here serves as a note to myself. Does not include investment advice.
FIL/USDT Pair Analysis - 4-Hour Chart
Certainly, here's the analysis for the FIL/USDT pair on the 4-hour timeframe, highlighting the emergence of buyers in the market:
FIL/USDT Pair Analysis - 4-Hour Chart
Dear traders,
I would like to share a recent analysis of the FIL/USDT pair based on the 4-hour timeframe, emphasizing the emergence of buyers in the market.
Overall Trend:
On the 4-hour chart, we observe a general upward trend over the past few periods. The FIL/USDT price has shown consistent upward movement, indicating increased interest from buyers.
Supports and Resistances:
Analyzing support and resistance levels, we note that the price has successfully held a strong support at in recent days. Additionally, the price seems to be approaching the key resistance level at , suggesting potential for further upward movement.
Technical Indicators:
Technical indicators such as RSI confirm the current bullish pressure. Buy signals from these indicators reinforce the positive outlook for the FIL/USDT pair.
Transaction Volume:
Another point to note is the increase in recent transaction volume. Increased volume often accompanies significant price movements, which could indicate heightened buyer participation in the market.
Market Sentiment:
Examining market sentiment, it appears that investor confidence has risen, often associated with increased buying. Discussions on social media and specialized forums also reflect growing interest in the FIL/USDT pair.
Conclusion:
In summary, the FIL/USDT pair shows encouraging signs on the 4-hour chart with the emergence of buyers. However, it's essential to remain vigilant and closely monitor the confirmation of this trend. Support and resistance levels as well as technical indicators should be closely followed to guide our next decisions.
As always, trading involves risks, and it's recommended to conduct your own analysis before making decisions.
Happy trading!
H.BENHARI
Update FILUSDTI would like to inform you of an important update regarding our recent transactions on the FIL/USDT pair. Unfortunately, we have incurred losses in our recent operations, impacting our overall performance. It is crucial to understand that trading involves ups and downs, and sometimes, even with thorough analysis, the market can move unpredictably.
The very nature of trading implies risks, and it is essential to remain realistic and disciplined. Accepting losses is an integral part of the trading process. It's a lesson we all learn at some point. Financial markets are dynamic and can be influenced by various factors, including unforeseen events.
Our commitment to transparency remains intact, and I want to emphasize that every transaction, whether winning or losing, is an opportunity for learning. We will analyze the reasons behind these losses in-depth and adjust our approach accordingly. Trading is a continuous journey of improvement, and we are determined to draw lessons from each experience.
Remember that risk management is crucial in trading. It is recommended to diversify investments and never risk more than you can afford to lose. Patience and discipline are critical qualities for long-term success in financial markets.
Thank you for your understanding and continued support. We remain committed to achieving our long-term financial goals while learning and adapting to evolving market conditions.
Best regards,
FILECOIN ($FIL) - Run it up to the highsFilecoin is developing a long setup if the criteria is met - that is hold the MS break level (keep bullish structure in tact) and reclaim the macro range eq (black dashed line EQ).
So long as it manages to do that, it will push the highs once more. At that point we monitor to see if it breaks out of the downward diagonal and pushed HTF Resistance or if another correction is due, but let's not get ahead of ourselves.
First thing is first, maintain our current low and begin to put in strength soon.
Otherwise I think we revisit Q1 level (lower range quadrant).
Watching this closely over the coming week.
Vatsik
FIL/USDT Positioned at a crucial support area. Bounce or Broke??💎 FIL's market influence has recently been prominent. Currently, FIL is positioned at a crucial support area. Historical observations show that this area often acts as a strong foundation, usually leading to a bounce upon contact.
💎 If FIL successfully rebounds from this level, there's a potential for a resumption in its upward trajectory, aiming for the next significant resistance target.
💎 Conversely, if FIL fails to hold this support level and breaks through it, a bearish trend may emerge. This scenario could lead FIL towards the demand area, marking a critical juncture.
💎The demand zone is pivotal; for an upward trend to resume, FIL must not only bounce back but also regain and sustain levels above this support. A failure to achieve this could signify a continuation of the downward trend, possibly driving FIL towards a more robust support area at lower levels.
Filecoin Down 98%! Biggest Loser Coin in all of Crypto LOL!!imajin being a filecoin loser!
down almost 98% while every single other coin has pumped massively for months now!
LOL! shitcoin going to $0 while everything rallies to new highs! TOLD YOU SO
FIL/TETHER Bullish Gartley on the daily The Gartley is playing out / finishing the D around 4.20 around the end of January and then starting the leg up to 10.00 plus
trade by priceaction R/1.5(FIL)📊Analysis by AhmadArz:
wait for complete setup.
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FILUSDT Analysis Update Dear traders and investors,
I would like to share an update on my recent analysis of FILUSDT, incorporating the Fibonacci method to reinforce my bullish view.
Technical Analysis:
Overall Trend: The overall trend of FILUSDT remains bullish, in line with my previous analysis. Signals continue to suggest potential upside in the upcoming sessions.
Key Fibonacci Levels: By applying Fibonacci retracements to recent price movements, we can identify key levels that confirm support at specific levels. These levels can serve as entry points or confirmation for trades.
Current Retracement: Currently, the price appears to be undergoing a retracement, possibly nearing a key Fibonacci level, indicating a potential reversal point.
Trading Volume: It's crucial to monitor trading volume during these price movements. Increasing volume during upward moves would strengthen the likelihood of a trend continuation.
Next Steps:
Confirmation of Levels: Wait for confirmation of the identified Fibonacci levels before making significant positions. Confirmation can come through reversal candles, signals from technical indicators, or a significant increase in volume.
Risk Management: Ensure proper risk management strategies are in place, setting stop-loss orders to protect your investment.
News Monitoring: Keep an eye on market events and potential announcements that could influence price movement.
Conclusion:
My optimistic view on FILUSDT persists, and the use of Fibonacci reinforces this perspective. However, the market is dynamic, and it's essential to adjust your approach based on new information. Stay vigilant, follow market developments, and adapt your strategy accordingly.
As always, it's recommended to consult multiple sources of information and, if possible, seek advice from a financial professional before making significant decisions.
Happy trading!
FILUSDT Technical Analysis - FIL/USDT
Timeframe: 4 hours
1. General Trend:
The FIL/USDT pair is currently exhibiting clear signs of an uptrend on the 4-hour chart. This observation is based on price movements over the recent trading sessions.
2. Moving Averages:
Moving averages, especially the 50-period Simple Moving Average (SMA-50), indicate an upward trend. FIL is crossing above the SMA-50, confirming a positive momentum.
3. Support and Resistance Levels:
Previously identified support levels have held, while the pair has successfully breached some key resistance levels. This suggests increased strength on the buyer's side.
4. Technical Indicators:
Relative Strength Index (RSI): The RSI is currently in the overbought zone, indicating strong upward momentum. However, it's essential to monitor any potential divergence for potential reversals.
Moving Average Convergence Divergence (MACD): The MACD shows a signal line above the baseline, confirming an uptrend.
5. Trading Volume:
The recent increase in trading volume accompanies the rise in prices, suggesting heightened participation from traders and investors in the upward trend.
Conclusion:
All indicators currently suggest a positive momentum for the FIL/USDT pair. Traders may consider long positions, taking into account support and resistance levels, as well as overbought indicators to manage risks.
Note: Markets are dynamic, and it's recommended to regularly update your technical analysis based on market developments.
Next fil goal is 8 dollars File struggle to break through the 6 dollars mark trying to reach out to the 8 dollars mark, I behave that if we break the 6 dollars next it will stay at 8 for a little while before it breaks out to 20 dollars
Filusdt long if break trendlne resistenceon weekly basis:
Breakout two years resistance $5.450 and retest on weekly support $5.057
on daily basis:
monthly support:
1 July 2022monthly support $5.40 -80%upside
1 dec 2023 monthly support $4.384-57085%upside
weekly support 50EMA-$5.475
If breaks monthly support invalid
Trade powered by pricaction(FIL) 📊Analysis by AhmadArz:
This power backtest...
🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
💡Join us on TradingView and expand your investment knowledge with our five years of experience in financial markets."
🚀Please boost and💬 comment to share your thoughts with us!
Filecoin Is Dead – It Will Drop To $0.01 Cent!Prepare for Filecoin to drop a total of 99.8% since its all-time-high. Filecoin will become close to worthless soon. It is a certified shitcoin without projects, team, purpose, or narrative. $0.05 per filecoin is highly realistic.
FIL BUY SETUPIt has a structure that can pull back upwards.
The green area of the swap is a good place to take a buy/long position.
Fixing a 4-hour candle below the swap range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Bullish on FILECOINGood behavior for fil on daily chart and the trend is going up with the next stop of 10 dollar
Corrected, reinforced and only buyers
FIL is breaking out from Trendline!!! BuyFIL did a breakout from the trendline and the bearish trend is broken, possible to retest at 0.5 of fib and the demand zone will be our new HL.
Entry: 5.896
Tp: 7.37
Sl: 5.05 if 4 hourly candle close below this.
#FILAt the moment, it is in a corner that should break the resistance ahead and then in the pullback in the area of 4.68 or the strong failure of the area in the low time at the bottom of the channel, it will buy for the specified target.
