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After a prolonged period within a descending channel, Filecoin ( TSX:FIL ) is showing signs that a breakout could be imminent on the weekly timeframe. The technicals on the chart suggest that TSX:FIL is nearing the apex of a consolidating pattern, characterized by lower highs and higher lows - a classic indication that a significant move is on the...
File coin has broken through all the noise below support, if it can get a daily close above $8.00 and not settle into a double top, it has plenty of room to run.
Finding Value in a sea of REDS or GREENS is confusing
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Dressing Up at Premium for Vesting remaining 9% supply
meaning Bidding War to take control shall take effect around Nov 15 - Nov 23
then Cz...
As I type this, filecoin is crashing hard and has formed a clear double top on the hourly chart.
I have been the only one warning you about thit shit show of a garbage shitcoin and now I can say: I TOLD YOU SO.
Filecoin: REJECTED AGAIN! 90% crash imminent?
Here are the reasons for why filecoin is a shitcoin that will drop to $0.10:
1. Despite an extremely bullish cryptocurrency market, filecoin price has remained extremely bearish. This is a huge red flag.
2. Price was $230 in 2021 but now barely $6, which means ppl selling more than buy.
3. Many ppl expect filecoin...
Filecoin rejected AGAIN - 80% crash imminent.
When a coin such extreme weakness in extreme bull market, it is very bad sign and it makes it much likelier that the coin will crash severely, ruining every bull in the process.
Filecoin is a great example of an extremely weak coin. It was $230 and now barely $5. Buying this coin make no sense, it's going to $1.
Filecoin continues its upward trajectory, recently setting a local high at $6.2. However, to reach its annual high, FIL needs to appreciate an additional 75%.
Such a scenario is feasible if the upward trend continues, including in Bitcoin's performance. The immediate task for buyers is to consolidate the asset’s price above the resistance zones of $5.61-$5.94...
- All in graphic
- Short time Trading with Price Action.
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Trading Parts
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Don't buy now !
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Method 1 : if Filecoin retrace
- Buy Around 3$
- Sell Before...
On the H1 chart the trend started on Dec. 9 (linear regression channel).
There is a high probability of profit taking. Possible take profit level is 4.871
But we should not forget about SL = 5.441
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested in it. Thank you!
Good luck!
Regards, WeBelieveInTrading
Looks like TSX:FIL wants to break out....It's broken out of the wedge and is slowing grinding up. First level of resistance is at $4.81, second level of resistance is at $5.02 and the third level of resistance falls exactly on the 0.786 FIB level. Could be a short squeeze as shorts out pace longs.....just a thought.
TSX:FIL is about to break to the upside out of this triangle....It's hitting an area of resistance but if it can confirm a break up over $4.53, it's gonna fly to $4.78
Filecoin (FIL)
Filecoin has continued its rise that began in mid-May. Since October 19, the asset has appreciated by 80%, reaching a local high of $5.65.
At present, FIL is trading between the support zone of $4.46-$4.73 and the resistance of $5.33-$5.65. Continuing the upward trend is the favored scenario for the asset. The next levels of resistance are located...
If we see there is a change in trend from downtrend to sideways and there is a reversal pattern, Adam and Eve Pattern.
mid term target is 7.9 USD for FIL
In the previous post I posted a bullish setup on the file in the daily time frame, moving slightly into a smaller time frame, there was a continuation pattern. suitable for buy or long
I would like to call Filecoin (FILUSD) to your attention, we have a mixture of strong bullish signals coming up right now.
Let's dive straight in!
FILUSD closed above EMA50 with the highest volume daily since June.
We have a rounded bottom, a very strong reversal pattern.
A mid-term higher low is also in place.
Yesterday's session closed at the high of...
