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Filecoin

FIL/USDT Trading Scenario From the beginning of November and throughout the month, FIL, driven by the overall positive market sentiment, demonstrated confident growth from $3.125 to $8.322, an increase of over 158%. This movement was accompanied by a rise in trading volumes. Subsequently, a correction occurred, triggered by heightened volatility amid anticipation of the new U.S. president's inauguration, their statements, and the Federal Reserve's reaction to these events. As a result, the asset's price dropped to a mirror level that previously acted as resistance but now serves as support. From a volume profile perspective, this level is confirmed by market participants' interest. In the near term, moderate volatility within this range can be expected, followed by a potential price reversal, a return to the local high, and its possible renewal.
by Rick_SimpleSwap
FIL/USDT Short Setup on Rising Channel BreakdownThis chart showcases a short position on FIL/USDT after a breakdown from a rising channel pattern. The price respected the upper and lower boundaries of the channel before breaking below the support, signaling a potential bearish continuation. Key Levels Entry Price: Around 5.39 (near the channel breakdown point) Stop Loss: Set at 5.59 (above recent resistance) Take Profit Target: Approximately 4.73 (aligned with prior support and pattern projection) Technical Insights Rising Channel Pattern: Generally bearish when a breakdown occurs, indicating a loss of bullish momentum. Bearish Confirmation: A strong downside move with momentum below the lower trendline enhances the validity of this setup. Risk-to-Reward Ratio: The setup offers a good R:R, making it an efficient short trade opportunity if market conditions align. Traders can watch for further confirmation, such as volume spikes or retests of broken support levels acting as resistance, before adding to their positions.
Short
by wolfchemist
11
Altcoins by the Example of FIL and BTCThis chart compares the price structure of FIL (left) with BTC (right) from 2015/2016 to highlight similarities in price behavior. The key observation is the accumulation phase where the price trades within a defined zone for an extended period, eventually breaking out with significant volume, indicating strength and demand. After breaking out, the price typically retraces into an orange zone, a phase where many participants get burned due to their unrealized gains being lost quickly, often causing panic and liquidation. This retracement is frequently mistaken for a "suckers rally." However, this orange zone marks the re-accumulation phase , where smart money enters again before the real price expansion begins. The current chart shows similar price behavior to what we saw in BTC in 2015/2016. Despite differences in liquidity and volume back then, the same pattern is visible. As for a potential selling point, we are looking at May 2025 , although it's difficult to predict the exact peak of altcoins during this phase. The FIL chart essentially represents the broader altcoin market, as most altcoins exhibit similar structures and price movements.
BITSTAMP:BTCUSDLong
by SerenityEquity
2
Filecoin FIL price when will growthThe “dinosaur” of the CRYPTOCAP:FIL crypto market that hasn't fired yet this season. We hope that #Filecoin was left to savor its growth in season 2!) 1️⃣ And now the price of OKX:FILUSDT should reach at least $10-12 2️⃣ Then correction 3️⃣ And on the 1001st day of consolidation, start a powerful growth from $5 to at least $25-40, and better to $200+ What do you think?) _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
by P_S_trade
10
Filecoin firmly above invh&s as Goldencross occursPrice needs to flip the ascending white trendline to solidified support to be fully confident that price wont try to dip back below the inverse head and shoulders neckline again, and as of now that white line is still currently resistance, but with the golden cross just occurring and the way most alts have been bullishly responding to their golden crosses the same day as the cross, coupled with the fact that the white line has not had much strength behind any of its price rejections thus far, makes me believe we will see priceaction flip the ascending white trendline to solid support before too long. I will be looking for the dotted measured move line from the invh&s breakout to attempt to maintain support and if not then the next support below that is the inv h&s neckline. After that the final support is the thin bluish green colored 21 moving average. I anticipate one of these three supports will ultimately hold. *not financial advice*
COINBASE:FILUSD
by DrDovetail
FILUSDT Long Setup Setting / Setup and SettingsBINANCE:FILUSDT COINBASE:FILUSD 📈Which side you pick? Bull or Bear SL1 ---> Low-risk status: 3x-4x Leverage SL2 ---> Mid-risk status: 5x-8x Leverage (If there is just one SL on the chart, I suggest, low risk status🙂 👾Note: The setup is active but expect the uncertain phase as well. ➡️Entry Area: Yellow zone: 5.56-5.78 ⚡️TP: 6.00 6.20 6.40 6.69 🔴SL: 5.33 🧐The Alternate scenario: If the price stabilize against the direction of the position, below or above the trigger zone, the setup will be canceled.
Long
by UnknownUnicorn18258085