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FIL / WRAPPED CRO on CRONOS (0x218914A1c4253e4B9a4aE8420686C707559743db) in USDFIL / WRAPPED CRO on CRONOS (0x218914A1c4253e4B9a4aE8420686C707559743db) in USDFIL / WRAPPED CRO on CRONOS (0x218914A1c4253e4B9a4aE8420686C707559743db) in USD

FIL / WRAPPED CRO on CRONOS (0x218914A1c4253e4B9a4aE8420686C707559743db) in USD

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FILWCRO_218914.USD trade ideas

Filecoin - Next Stop at $12Filecoin is moving upwards along with the entire cryptocurrency market. Not only that, but Filecoin has significantly outperformed many altcoins in recent days. Is this the end of the rally? No, we do not believe so. Instead, we expect a soon-to-come surge to around $12. For a long entry, we will wait initially for the price to correct to approximately $7.08. This way, we optimize the risk-reward ratio for our trade. The hidden bullish divergence in the Accumulation Distribution indicator is very pronounced, indicating favorable chances for an imminent explosive surge.
COINBASE:FILUSDLong
by Ochlokrat
5
FILECOIN - Massive Gains as Harmonic completesFilecoin is not a coin I would look at as a long term investment - as for most altcoins. However, we trade technicals strictly, and this coin has everything you would want it to have for a long position. We are at the bottom of a range from 2018 lows where we sprung above a historical resistance after putting in a first low, completing the retest with a bullish bat and an adam and eve bottom, having bullish divergence on both indicators. Filcoin is in our portfolio - not as a leveraged trade for now. Targets are set and a stop loss would be another low but we will monitor on lower timeframes to look for any bullish continuation or bearish developments.
COINBASE:FILUSDLong
by SynergyTradingSetups
13
FIL - next movesFil is now currently trying to build support on top of the 8.40ish-9.30ish critical support area. This is on top of the large accumulation area that it has faced for its market cycle bottom. We hit a 1.618, and corrected down to a .786. Now I expect us to take a shot at the 4.236, which is around $20.00. I think that we get rejected there, face a small correction down to around 14 dollars - and then ultimately build support on top of the critical support/resistance around $17.40ish. Then from there we will likely go for the parabolic top.
COINBASE:FILUSDLong
by LoneWolf1425
$FIL - Send it higherTSX:FIL is now my largest allocation because I think it has the biggest amount of upside in the shortest amount of time. Not sure what the catalyst will be that sends it higher, but think there's a possibility that TSX:FIL can go 3-6X over the coming weeks. Breaking the $6 region will break a 1.5 year consolidation of a downtrend and I think the move out of this range will be a large one. I'm expecting the $30 region to get tagged once it breaks out. I've marked off a ton of resistances on the way to take profit incase we don't make it all the way up to the target. Let's see how it plays out.
COINBASE:FILUSDLong
by benjihyam
3