Filecoin is a decentralized storage mechanism with the aim of storing "humanity's most valuable information." In 2017, the project raised $205 million from an initial coin offering (ICO), with a target launch date of mid-2019. The project was first defined in 2014 as an incentive layer for the peer-to-peer storage network Interplanetary File System (IPFS)....
Bounce off of daily demand, clear S/R flip of the blue region, and volume increase on price increase.
If you did not buy at demand, then I would look to enter on a successful flip of the Orange Region (0.003). This is extra confirmation as bearish Market Structure will officially have been broken with the creation of a Higher high and eventually a Higher Low on...
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(FILUSD 1W chart)
(1D chart)
You should watch for any movement that deviates from the 148.3290873-190.9615481 segment.
In particular, it remains...
Filecoin is another one of the new Grayscale products. In my opinion file storage coins like Sia, Storj and Filecoin could be doing well as the next 'theme' of the market. Be careful with filecoin however due to its high inflation rate, so have it only for short term trades, not long term holding.
Strong resistance at the 30,000 mark.
Could power through to the upside or act with downward bias
Rising wedge against the downward sloping trend line.
two key levels of support on the downside.
at both 24k and 20k
If a fall back to support levels, watch and wait for consolidation and buy the breakout on the re-test of the downward sloping trendline.
TP at...
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It remains to be seen if the volatility around April 6th (April 5-7) will lead to a deviation from the 169.6036068-188.2500949 range.
In particular, it remains to be seen if...
Hi all,
Main TA Points;
***
1. Weekly S/R flip confirmed.
2. Break and retest of 3 year down trend confirmed.
3. Decentralized storage platforms all performing strongly (FIL STORJ).
4. Critical fib level claimed, assuming S/R flip of critical level.
5. Based on above assumption we have a possible cup and handle patter.
***
Talking Points;
***
We are at the cusp...
Hello friends,
Depeding on trend study, it looks FIL can have recovery trend back (SHORT TREND)
WE had before uptrend for FIl, and target hit.
we had a great increase to 138 usd, we did expect before below 100 usd, the increase trend.
Hi all,
Main TA Points;
***
1. SCBTC pairing looking to be confirming weekly S/R flip.
2. Bounced off both 61.8 fibs.
3. Hugging upper bollinger suggesting possible continuation imminent.
4. Ichis looks like they may be broken as well.
***
Talking Points;
***
After a nice pump and my previous idea successfully confirming (check out related ideas) it looks as...
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We have to see if we can get support at 122.4573 and rise above 133.7916.
If it falls, you need to make sure you get support in the 105.4559-111.1230 range.
In...
Hello friends,
ALso on FIL expecting next time an increase trend.
Discipline are the key to success - Take profit - Learn from your mistakes and never give up!
The reason 1 that 90% of traders lose, not because they can't trade, but because they trade emotionally.
if this appeals to you then learn yourself first before starting with trading.
#Always do your...
100$ immediate target will be touched and immediately and it can retrace back to $70. Adding it to grayscale trust can push it to $250. It is very bullish on charts with super strong fundamentals
