The goal from the previous idea for the pair FILUSDT worked out completely and even more.
Who read and listened to our thoughts, could fix at least x2.5 profit within 2 months, or even more for this position).
Today we decided to update the idea of FILUSDT, as there...
The filecoin Github repository recently had some updates on the their rosetta integration, the reason why we are covering this is so we can model the EWT price movement after their coinbase listing. Looking back in history, filecoin was listed on December 2020 and price was trading between $20 - $30 back then. When bitcoin was done running in Jan 2021, we saw...
Lower trendline has been supporting Filecoin for almost 3 weeks, but it got rejected from descending resistance a couple of times. Considering the new dashed Dynamic support, RSI and MACD, I assume the breakout from the top is more likely. But still waiting for confirmation.
SNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS SO THEY CAN ACT LIKE PIVOT POINTS AND REVERSE THE WAVE (or act like a mirror that can reflects light) BASED ON...
This is FILECOIN ranked 27th on coinmarket cap. As you can see price is returning back to the breaker. As market structure being shit and price coming back to breaker it is my fav play. I'll keep an eye on it.
How it reacts at the breaker so I'll look for some long setups. Keep an eye on FILE COIN it can move to the upside back to $70 again.
All the best!
FIL is another undervalued project that hasn't kept up with much of the bullish buying happening this entire month. It has strong fundamentals as its partnerships and grants program takes off to fund ideas that will extend the reach of this new world of finance.
The price could push up well above 200MA and find consolidation near 130.
FILECOIN is not an asset I normally trade but I do like the chart as an opportunist day-trader.
Might attempt to buy some today as it looks like it could rise.
PS. Our research shows that SIA is still better
wave A of a flat has formed and probably the B wave is finished too . but still there is a chance of forming a X-wave and ..tada.. still in wave B
i'm waiting for an impilse or a terminal (wave C of a flat ).
Filecoin may complete an inverted head/shoulders here, with TP 1 and 2 visible as dark grey lines near the top of the chart. Volume has just begun coming in on the weekly chart, and it's clearly shown up in a big way.
It looks quite similar to Ethereum prior to its move against BTC (and its new ATH vs USD). Ethereum weekly chart made an inverted head and...
Based on the charts it appears that the massive bull flag that Filecoin has been forming is ready for another move to the upside. Recently, we've seen file coin completely ignore the BTC movements and continue it's uptrend while BTC is indecisive or even retracing to the downside. I'm bullish on Filecoin short term and long term but remember, THIS IS NOT FINANCIAL...
FILCOIN can fall to $30... why?
Private sale to initial investors bought it for .75 cents usd
Public sale was for $55.63usd (MCap of $578M)
The retail investor never stood a chance
DYOR, your still buying the top of the crash
Another 1.5 months have passed since the publication of the previous idea for the FILUSDT trading pair
The previous idea worked completely.
And those who have listened to our idea and risked placing buckets for purchases in the $90-95 zone can already fix...
Good day fellow trader,
Filecoin might be getting ready for a shift in momentum. We are at the low of the larger range, healthy correction 61.8. Close to support which gives a good risk-reward set-up.
Buy up to $142
The rest of the targets on the chart is mid-long term chart. There are interesting levels in between for profit-taking. Move SL once in...