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FIL/USDT 500% Potential from here so Which is Good Entry?#FIL/USDT Technical Analysis: Currently, $FIL is trading at $6.10, which is a significant -97.65% down from its all-time high. The cryptocurrency has gone down -99% from its peak but has recovered well in the past three months, rising up to 300%. It is still 122% up from its recent low in December. At present, the market is in an uptrend, but a significant upward rally is expected only after some more retracement. It is possible that the price could drop by another 20% from its current level before an upward trend begins. The best entry point for investors would be at the support level area. For the cryptocurrency $FILUSDT to be fully in bullish mode, it needs to break upward the resistance level at $9. Once this happens, the price could reach the target of $26 in the next bull market. It is possible that the price may go higher, but a minimum target of $26 seems reasonable. Investors should keep an eye on the support level at $4.80 and the resistance levels at $8.95 and $26.10. If you find this analysis helpful, please like and appreciate it. Follow me for more real-time updates on cryptocurrencies. Thank you.
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by CryptoPatel
4
FILUSDTFILUSDT at 6H follows its triangular accumulation wedge, reaching its narrowest part, that is, it could break at any moment. your wedge. In its favor is the RSI, which is highly bullish, and the MACD bullish. On the 1H chart: RSI: Exhaustion of Buyer Forces Supports: 5,938 / 5,869 Resistances: 6,099 / 6,260 Filecoin is the world's largest decentralized storage network, which allows users to store, request and transmit data through a verifiable marketplace. Filecoin is fully open source. The protocol runs on a reliable system that combines Proof of Space-time (PoSt) and Proof of Replication (PoRep), which provides a solid foundation for storing the world's most valuable datasets, minimizes economic barriers, and allows users to take advantage of your networking capabilities. IPFS, a Web3 file system on this system, allows developers to access data over the network.
by ferulianov
FILUSDTThe daily FILUSDT is currently on the lower edge of the accumulation wedge, with plenty of room to rise, even more so with the RSI indicating extreme exhaustion of selling forces. If it breaks down, it will look for MM200 which will be a powerful support at $5,132 -------------------------------------------------------------------------------------------------------------------- Here are the supports and resistances on the M45 team: Let's start with the support line: 6,002 / 5,846 Now let's move on to the resistance line: 6,188 / 6,335 RSI with exhaustion of selling forces, has plenty of energy for further upward movement. --------------------------------------------------------------------------------------------------------------------- Filecoin is a decentralized platform for data storage. The Filecoin project was launched by technology company Protocol Labs, based in California, in 2014. The main objective of Filecoin is to create an efficient solution for data storage, based on IPFS (InterPlanetary File System) decentralized network protocols. The main idea is that its users install special software that allows you to store data on PC hardware. As a reward, users receive Filecoin.
by ferulianov
FILUSD looks bullish againIn November 2022 we predicted that Filecoin will drop below 3 $: Now, it's a time for an update and upside targets! FILUSD looks pretty strong. The price came back above the resistance which should be acting as a support now. We may see a few days of consolidations above this key level (5$) which would be very bullish, however it would not be unexpected to see a rally continuation towards 8-9$. MACD indicator shows a positive momentum and it looks strong for bulls. Moreover, If the price breaks above this range, it can shoot up to 11 $ which would be our final target for this short-term trade. Long-term the price may go much higher. Good luck!
COINBASE:FILUSDLong
by vf_investment
12
Filecoin - No Danger No glory. - Filecoin lost -98% from his ATH. - ICO managed to get 200M$ in 2017, VCs dropped a lot and made so much benefits in 2021. - When whales will be tired and start to rebuy, the bounce could be very aggressive. - This project is huge and was listed in all Top Exchanges ( Coinbase, Binance, Kraken, Cryptocom, etc ) What Is Filecoin (FIL)? Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The project raised $205 million in an initial coin offering (ICO) in 2017. Filecoin aims to store data in a decentralized manner. Unlike cloud storage companies like Amazon Web Services or Cloudflare, which are prone to the problems of centralization. ---------------------------------------------------------- Trading Zones ---------------------------------------------------------- - Buy : 4.50$ (Buy a bit) - Rebuy : 2.50$ (Fire Buy) ---------------------------------------------------------- TP1 : 25$ (security TP) TP2 : 120$ TP3 : 230$ (ATH) ---------------------------------------------------------- Happy Tr4Ding !
COINBASE:FILUSDLong
by thecryer
32
✳️ Filecoin Bullish Breakout... The Beginning (145% Mapped)If you zoom out, you can see that Filecoin (FILBTC) is still trading near the bottom compared to its April All-Time High... Let me show you: Telling us that there is still plenty of room left for additional growth. Its been only a few days since our last trade idea for this pair and it is already moving strong... Great, but as I just mentioned, there is more. The volume today is the highest in more than a month. This high volume to break above MA200 and EMA100, confirming a real bullish move, not fake, and also opening the doors for so much more growth. Patience is key. Don't get greedy. 
 Remember that complacency and greed will be the problem in a few weeks, not fear and doubt; things change. Namaste.
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by AlanSantana
2
Filecoin FIL price goes up against the market trendWhile almost the entire cryptocurrency market has entered a correction phase, FIL buyers decided that this was the perfect time to provoke a price increase) Who are we to contradict them?) Given the good and complete development of the previous idea, it is worth updating our thoughts on the possible future price of the Filecoin token Looking at the chart, we see two targets for growth: roughly speaking, $7 and $10 , and the two have a real chance to be reaching in the near future. If you are a medium- or long-term investor who believes in the prospects of the Filecoin project, then the following advice is for you: the closer the price is to $5, the larger your FIL buy orders should be. After all, looking at the global chart, the prospects for FILUSD price growth are at least x10. _____________________ Did you like our analysis? Leave a comment, like, and follow to get more
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by P_S_trade
44
FIL Looking Bullish!Take a look at FIL, folks, it's holding on like a bull with a vise grip! Why, you might ask? Because there's a massive buy wall between 4.95 to 5.03 range that's keeping this bad boy steady. But don't go celebrating just yet, we're waiting for a breakout confirmation around that 5.10 resistance zone. And there's a big sell wall waiting for us between the 5.065 to 5.11 region. So what do we do? We keep an eye on that bullish structure, but we also manage our risk properly, because that's how we roll in this wild world of trading!
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by FortuneAI
✴️ Filecoin | Trend Reversal (Name Your Altcoin #30 ✅)
The market has two main cycles, bear and bull or up and down. GREE and RED. Once one cycle is over, the next one starts. This can remove a lot of the complexity of buying and selling. So, can we make a case for the bearish wave to be over for Filecoin vs Tether (FILUSDT)? If the bearish wave is over, a bullish wave follows... But we can have bearish waves within bullish cycles and bullish waves within bearish cycles. Corrections in short. In a period of 623 days, Filecoin dropped by 99%. That's -99.02% from the March 2021 All-Time High, to the December 2022 All-Time Low. We have that one on our side... The bottom is likely in already based on the simple fact that altcoins tend to correct between 93-98% on their USDT pairs. This one went beyond and hit 99%. The next signal is the trading volume. I mentioned this one tons of times in the past but then moved to some other signals... Some of you might remember it. We have really high bear volume in August 2022. As a new low is hit in December, this bear volume is much lower... Telling us that the bears are exhausted. We can also spot a 5 down-wave pattern. When we can easily count 5 waves, the current move is very likely over. What follows is a correction which in this case would be an upward correction a or full change of trend. The change of trend would signify the market switching from bearish to bullish. These are very strong signals. Anyway, we don't have to guess or be right. If I am trading, I just need to define my support levels, define my risk/stop-loss. We can have two stop-loss based on personal risk tolerance or trading style. A short-term one and long-term one. Everybody has to do their on thing so I am only sharing some info that you can use the improve your own trading, confirm something, learn or just be entertained. Short-term, $4.00 is the main support. One or two weekly sessions/candles closing below this level can lead to closing a trade. Long-term, the Dec. low. If FILUSDT closes below $2.32 once or twice then any bullish potential has been completely removed... Now the good part. Any trading above $4.00 is super-bullish. Any trading above the $2.32 December low and there is potential for FILUSDT to move up and grow long-term. Thank you for reading. Thanks a lot for your amazing support. Here we finish Part 3 of Name Your Altcoin. Namaste.
Long
by AlanSantana
6