This is the type of analysis I prefer since it has low risk with high profit margins.
We can see how the price retraced to the 0.618 Fibonacci level creating a magic triangle. If the price manages to break out of the 50 MA, there could be strong upward pressure. Remember to leave a like!
After a recent run-up, filecoin is exhibiting a near perfect bull flag pennant. Set your stop loss at previous support and wait for this baby to break resistance. Hopefully this will give you a nice 1:5 run.
Why did the trader cross the road..... to get to the other line
Why do short-sell traders make crappy house builders. Because they always want to...
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(FILUSD 1W chart)
You should watch for any movement that deviates from the 148.3290873-190.9615481 segment.
In particular, it remains...
FIL has declined a lot from the peak at 230$ zone and now it is in accumulation phase to prepare for the new rally up to 280$ zone. But at the moment, the 160$ is very strong that I think it will push FIL down to 140$ zone again
-Buy: 133-140$. SL B
-Buy: 156-164$ if A. SL B
-Sell: 156-164$. SL A
-Sell: 176-184$. SL A
-Sell: 210-220$. SL A
The recent vertical rise in the FIL price began its correction after the test $238. This mark worked as an indicator for the beginning of active sales in the FILUSDT market. In a previous idea , we wrote that the global FIL price correction could last up to $93.
1.5 months have passed since the publication of our previous idea on FILUSDT
When we published this idea with a 300% growth forecast and a maximum target of $110 , we thought there were many skeptics)
But FILUSDT surpassed our forecast by another x2, reaching...
Greeting from IRAN to all traders and investors 😊😊❤❤
FILECOIN made a new ATH in early april
After that it started a retracement move through a descending channel.
Price tested bottom of the channel twice which both of them was unsuccessful!!!
After that price went up through a new short term ascending channel.
If top of the main descending channel breakout...
FileCoin is such a dangerous investment right now, primarily because it has never completed a market cycle. Probably up around thrill at the moment. Could surge up to around 300 USD (maybe a bit higher) before beginning its long and painful journey backdown. I wouldn't touch this shit with a 20 foot pole right now. Smart traders will take profits soon, or might...
We haven't written a global FIL overview for a long time. The latest global review clearly worked out the fall from $31 to $21
This point was at least last year.
After that, there was a grueling 2-month consolidation and accumulation of positions by the players.
But after the consolidation, a frenzied upward impulse awaited us. We also warned about it in...