Filecoin update- everything is in chart and simple as always.
1. Wait for a trend breakout ( and wait for a weekly candle confirmation ).
2. Wait for a buy if back to bottom around 3$.
- Unload around 20$.
- if it breaks 20$-27$ and altseason starts.
- it's a free fly ticket to 120$.
- Your trade, Your Decision.
- Stay S4fe !
Happy Tr4Ding !
Filecoinusd
Filecoin TicToc- Everything is in chart
- i don't need to write a long story.
----------------------------------------------
- Buy Now.
- 5$ = Rebuy
- 3$ = All in
----------------------------------------------
- Sell 20$ ish
or
- Hodl for next Bullrun
----------------------------------------------
Your Decision!
Happy Tr4Ding !
Filecoin (FIL) coin formed bullish Shark for upto 11.50% moveHi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with US Dollar pair.
Previously we caught a nice trade of FIL as below:
Now on a 4-hr time frame, FIL has formed a bullish Shark move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
FIL (Filecoin) Coin {Market Cap} Analysis 02/04/2022Fundamental Analysis:
Protocol Labs describes Filecoin’s tokenomics, or economic model, as a “market for data” where users can sell their storage space to other users, who are looking to rent. Five stakeholders will be able to trade tokens: developers, clients, miners, token holders and ecosystem partners. There will also be three Filecoin markets, according to Protocol Labs: file storage, file retrieval and on-exchange token trading.
In fall 2020, 400 miners participated in what was called the “Space Race” testnet phase, increasing Filecoin’s network data capacity by over 325 pebibytes; approximately 3.5 million FIL tokens will be released to the Space Race participants.
The current CoinMarketCap ranking is #37, with a live market cap of $4,752,814,707 USD. It has a circulating supply of 185,777,188 FIL coins and the max. supply is not available.
Technical Analysis:
There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points .
The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally.
Currently the Price Value is at 78.6% Fibonacci retracement level; it means it has broken the 78.6% Fibonacci Retracement as the Resistance level and had rechecked it backed and it has been Proved to be the support area .
The Fibonacci Tools have been Drawn From 0$ to the ATH, so the Specified Levels are well Defined and Proved.
The Asset is at the Accumulation Level Currently, which means soon the smart many will Flow in it and the Price Value will get Pump and Appreciates
Probably we may not again see this 78.6% Fibonacci Retracement Level or bellow in the current cycle.