FIL FILECOIN Bullish Squeezing Hits 1 Exabyte of Storage FILUSDT GOOD NEWS ABOUT FILECOIN - Filecoin CEO and founder Juan Benet reports the decentralized storage network hit 1 exabyte of capacity. That's much higher than estimates of the size of the Netflix library. The next step is getting applications to join the network.
Look Like Bullish Divergence. Stop Loss Below Support
$64-ish dollars by december?
FILUSDT is printing an pennant consolidation chart pattern. Breakout is imminent. Possible price actions indicated.
FILUSDT brokedown below the descending triangle support as expected from my previous analysis.
💎Technical Analysis Summary💎 BINANCE: FILBTC -After the strong rally last October 26 -The price has decided to cool down -After breaking its key support around 24000s sat -This breakdown is likely forming a small Bear flag -Which is technically not good in the short term price action -If the Bears can send more follow-through in the coming few hours -The...
- Filecoin formed a descending triangle after the breakout of the symmetrical triangle - We can see some a bounce from 0.618 FIB and if we break the upper trend line, we can expect higher prices If you want more of these ideas, please hit the like button and follow me, so you don't miss any update! Also, check my signature down below ↓
FILUSDT brokedown below the uptrend support. The market is printing a descending triangle pattern. Breakdown below the triangle support could be a bearish signal ⬇️. RSI printed a bearish divergence signal. Breakdown below the RSI rectangular pattern support could be a bearish confirmation 🔽.
- FILE coin is currently moving in this symmetrical triangle - Also watch BTCUSDT for other important information about following move Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
- Maybe one more wave to the upside, to finish 5th Elliott wave - very possible - I think the trend is over and we are looking for a retracement - We can see a rising wedge forming on the recent move - bearish pattern - 100% gains in 3 days, i think it is too oversold for a short term Please, hit the like button and follow me for more of these ideas! Also,...
- Elliott impulse wave completed with a long wick candle at the end of the trend - I do not really see a continuation, first we are looking for some kind of correction to the downside - You can buy 0.618 fib for a short term bounce or double bottom pattern - You can also profit from this move to the downside by using Futures market Please, hit the like button...
Next coin listed on binance, 1day pump and then a huge downtrend. It is a new trick, coins are listed on Binance with very high market capitalization (overpriced). Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
Filecoin is a project to create a decentralized storage platform with embedded cryptocurrency (Filecoin, FIL). Since 2014, it is implemented by the California blockchain startup Protocol Labs, a developer of IPFS systems. The idea of the project is to give one computer user the opportunity to earn FIL for using the surplus capacity of their hard drives for...