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...
Breakout of downtrend. 4H chart and D char. Movement bullish.
"As we enter the bullish season, the initial target to aim for is target : 68 🎯. This is based on a combination of technical analysis indicators and market trends. However, it's important to approach trading with caution and adapt to changing market conditions. Keep an eye on key support and resistance levels, as well as any significant news or events that may...
Excepting Filecoin (fil:usd) to move upwards, target at around $5.
Similar to Bitcoin's trajectory, Filecoin has settled into a sideways movement after its sharp rise. Presently, the asset is navigating within a horizontal range, with support at $3.72 and resistance at $3.97. It's also important to consider the sellers' psychological barrier at $4. The dominant projection is a continued rise. Beyond current resistance lies a...
Hi traders Let's have a look at Filecoin on 1D time frame. Filecoin doesn't look bad now. The price has been creating the inverted head and shoulders pattern. We can also observe a regular bullish divergence. If Bitcoin continues going sideways , Filecoin will have a chance to go up in the short-term. Target from the inverted head and shoulders pattern: 3,88 -4...
Analysis 📈 FIL/USDT has been trading within a wedge pattern for some time, and it's just confirmed a breakout, indicating significant potential for gains. Here's a comprehensive analysis, along with potential take profit levels. Technical Analysis 📊 1. Take Profit at $6: The $6 level marks a key psychological resistance point. It's a good place to secure some...
First candle above the neckline is rarely the candle that confirms the breakout, but if we can get the current candle to close above the neckline as well as 1-4 more candles the probability of a breakout increases quite a bit with each additional candle close. For now w are still working on even getting our first candle close above the neckline but it does look...
Everyone has been pointing baout the LTF Reverse H&S pattern possibly forming, but do you see the rest of these HTF patterns? Bottom of possible triangle, triple bottom on support, adam and eve structure. Now the real sauce is when you flip over the the BTC chart seen below. It is grinding to the macro resistance diagonal. I think long here even with the...
RR so small. It is good to start entering filecoin here. Upside potential is enormous in the coming bull run. I will start adding here like 70% of my total purchase. If it goes down to 2.5 I buy the last 30%. First target, x10.
Per request, we want to take a look at Filecoin. This cryptocurrency has been around for a few years, and the first thing that stands out to us is that its value is down more than 98% since its peak in 2021. Another thing that caught our attention is the relatively lower daily volume since the start of summer compared to the period in the first six months of 2023....
Trading idea number C-015 | Filecoin may rise to to 4 USD area. The RSI is below its neutrality area at 50 but shows a bullish divergence from prices. We find steady-state support in the psychological $3 area with a pivot point between $3.40/3.50 above which a bullish target on the $4 📈 Long Entry at 3.2 💰 Take Profit at 4 💸 Stop Loss at 2.95
For me, I really like this setup on the FIL chart. I think we should see a price action within a few days, just like the OG I shared earlier. We can see divergences on both the FIL/USD and FIL/BTC charts. With a huge space up. And FIL has been very oversold for quite some time now. In addition, new partners appeared, to which the exchange rate has not yet...
Filecoin Web3 Dex Storage Revolution Price Target 25$
Look for some good prices for FIL in the upcoming days/weeks as the price trends in this downward channel. Be on the watch for a liquidity grab along upper trend resistance before another sell off. Or we may just have a direct sell off back down to the 1.618 Fibonacci retracement level. This will be a good area to scoop up some bargain basement cheap Filecoin....
Hi Traders We were bullish on Filecoin but now as the sentiment has changed, we see a potential drop looming in the shadow. If it happens, we expect Filecoin to retest the bottom one more time. We will be buyin Filecoin between 2,40$ and 2,80$. If previous all time low is taken, then we would expect Filecoin to drop even lower, however now we don't expect it...
We have a strong reversal signal in a the form of a candlestick, it came out yesterday. This is a short-term signal of course but coupled with the bigger picture, it tells us that Filecoin is preparing to move higher. The drawing was already present on this chart when I opened it up and yes, I shared this setup 21-July. We have a Cup & Handle pattern with a...