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Filcoin

📰 FIL- Symmetrical triangle bottomThe price is currently bottoming inside of a symmetrical triangle formation. This could be an opportunity to get some for mid/long term trade (there's strong resistance ahead so we can assume it's gonna take time to see some nice profits) Entry: buy at current price down to 53.80 Long term targets: TP1: 66.30 TP2: 80.52 TP3: 97.30 TP4: 121.30 TP5: 194.38 TP6: 240.54 (~320%) TP7: OPEN++ >> !! Remember about risk management, DYOR and trade responsibly !! << --------------------- About FIL: Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017, and initially planned a launch date for mid-2019. However, the launch date for the Filecoin mainnet was pushed back until block 148,888, which is expected in mid-October 2020. The project was first described back in 2014 as an incentive layer for the Interplanetary File System (IPFS), a peer-to-peer storage network. Filecoin is open protocol and backed by a blockchain that records commitments made by the network’s participants, with transactions made using FIL, the blockchain’s native currency. The blockchain is based on both proof-of-replication and proof-of-spacetime. Source: coinmarketcap
Long
by V0VOLAN
FIL 1D There is still some room for upward price movementThe 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 can still be an interesting upward movement. If in the next 1-2 days, the buyers will keep the FIL price in a narrow range of $110-120 , there will be a very big chance to make a strong impulse upward movement of the Filecoin price. The zone, where it would be better to completely cover the FILUSD longs and look around, is around $130-160 . And you should pay special attention to the behavior of FIL price near $130 and $160 levels. And then we can expect the FILUSDT price correction to the liquid zone from below, which is in the range of $60-70 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
by P_S_trade
44
FIL - 1D. Tasty buy at $35 - tasty sell at $100A powerful explosion of liquidity in February 21 at the price mark of $35-40 began a new era in the FIL market. Just one month of confidence, optimism and aggressive growth gave Filcoin investors 400-500% profit. However, in almost the same time period, the FILUSDT price plummeted and is again approaching the powerful level of $35-40. How many investors have managed to fix profits at historic highs is a rhetorical question. However, in reality, an interesting question - is it worth expecting at least local optimism in the FIL market over the next 2-3 months? As we can see on the chart, the FIL began its decline on April 1, right after the establishment of an all-time high at $238 . A month of price consolidation in the range of historical highs , low volumes and weak buyers gave sellers confidence to continue the downward trend. The first critical point that sellers took control of was the mark of $130 . Having broken this mark on May 13, stop orders of all buyers who bought in consolidation during the April May period were triggered. This fact helped sellers to lower the FILUSDT price by 55% over the week. The first stop of the FIL price after a total fall took place at $55 . However, the decline began to slow down earlier - from the mark of $97 . A fall wave of the type of May 13 does not stop at one point with a sharp reversal in the other direction. Such a powerful train of death must be stopped gradually. Even the mark of $55, which buyers guarded pretty tightly during May-June 2021, could not resist. On June 21, sellers renewed their locallow and the trend shows that this is not the end. The aggressiveness of the falling trend has dropped significantly, local lows are updated more difficult each time. However, the continuation of the fall to the level of $35-40 is a very real and natural scenario. There are also advantages of the current situation on the FIL market . First, the slowdown in the fall in the FIL price occurs at high volumes. This fact indicates the interest of large buyers to keep the price. Also, the transition of the downward trend to consolidation indicates that the market is preparing at least for an upward correction. The first target of the local price rebound upwards is the mark of $97. Imagining how many investors are stuck in unprofitable positions and are waiting for at least the first strong level, we do not think that the first time buyers will be able to take control of the mark of $97. However, a 160% increase in the face of a likely change in trend in the cryptocurrency market is a remarkable result. The high probability of testing the $ 35 mark is also confirmed by the FILBTC chart: On the chart, we can see that the price is moving in a clear downward channel, which is correcting the upward wave. If the cryptocurrency market continues to fall, the FILBTC price may well fall another 35%. However, even this fact will not reverse the global growth trend that began on the FILBTC market in January 2021. ______________________________ We create both short-term ideas (for a local understanding of the market situation) and medium-term forecasts of price movements. Subscribe to us and get daily concise analytics!
by P_S_trade
31
FILUSDTHello to you all. Mars Signals team wishes you high profits at all times. We are in daily time frame and we have drawn a support line with green color for you dear ones. Well, this currency has a significant and experienced rise and needs a break to start rising again. We have drawn a triangle for you that attacks twice. To the roof of the canal, but it could not be broken. If the pullback breaks, you can enter into a deal. Warning: This is just a suggestion to you and we do not guarantee profits. Wish you luck!
by MarsSignals