FIL (possible long term scenarios)FIL / USDT
Filcoin dropped 98% from the top of bull market 2021 year !
and now its trading at very critical point
Two possible long term scenarios I see for Filecoin :
Scenario 1 : double bottom from current price and targeting 11$ as Tp1 (120%)
Scenario 2: visit all time low near 2.3$ and my long term target 28$ (more than x10)
what do you think the most possible scenario ?
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Filecoin
Which Filecoin FIL price do you prefer $3 or $26?Here is the longest trading history of FILUSDT that was found on tradingview.
Here is a weekly chart and if you really want to, you can see that the price of Filecoin is moving well from one liquid level to another.
Now the consolidation is very tight and, accordingly, one of two scenarios will soon begin:
1. Working off the double bottom and, accordingly, a long growth to $11 and $15. The global target for this pattern is Fil = $26
2. If the entire crypto market continues to fall and updates the lows of recent years, the price of FILUSD can easily fall into the range of $2.84-3.34
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FIL/USDT - SHORT IF WE BACK TO GO DOWN ----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
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⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.27 - 100.0% (122.4105 USDT)
Take-Profit Orders:
1) 4.923 - 80.0%
2) 4.478 - 19.999%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
FIL/USDT - SHORT TRIANGLE VALID----- Welcome, dear followers! -----
- Here is my trading methodology. I trade with a normal system and analysis of resistance and support, as well as price reversal patterns.
- For the record, I do not place a stop loss within my trades. So that I only risk 1.5% of my total capital in order to support the loss due to a price reversal against me.
- If a price reversed against my expectation and touched the drawn line r3, then I transferred targets to the entry point and waited for the price to close at it with a loss equal to almost zero.
- Today's deal is shown in the chart, and here are the entry and exit points below.
-- Support me with numbers and follow up on my account for other deals in the future. Thank you for coming to this part. --
-------------------------------------------------------
⚡️⚡️ FIL/USDT ⚡️⚡️
Exchange: Binance Futures
Trade Type: Breakout (Short)
Leverage: Cross (1.0X)
Entry Orders:
1) 5.421 - 60.974% (70.6629 USDT)
2) 5.429 - 39.025% (46.1465 USDT) ✅
Take-Profit Orders:
1) 5.22 - 80.0%
2) 4.996 - 20.0%
Trailing Configuration:
Stop: Breakeven -
Trigger: Target (1)
Opened at 2022-10-02 13:05:03
Client: My-Binance Futures
Estimated Liquidation Price: 33.828
Average Entry Price: 5.429
Current price: 5.429
Allocated: 116.9 USDT
Opened automatically: No
Source: Manual
Profit 0.0% (0 BTC / 0 USD)
ROE: 0.0% (0 BTC / 0 USD)
You have 8.5 FIL
🟢 FILUSDT - 4H (17.09.2022)FILUSDT
TF: 4H
Side: Long
Pattern: Falling Wedge
Entry: $5.7621
SL: $5.6376
TP 1: $5.9548
TP 2: $6.1510
TP 3: $6.3096
TP 4: $6.4683
Breakout + retest from falling wedge and is holding well here. My target for this position is TP 2, then I will see whether to keep it open or to close it once it's reached.
RSI and MACD are still bullish since entry.
FIL - Potential Bullish Reversal!Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.
on DAILY: Left Chart
FIL rejected a strong support and demand zone, so we will be looking for buy setups.
on H4: Right Chart
on DAILY: FIL formed a valid double bottom pattern but it is not ready to go yet.
Trigger => for the bulls to take over, we need a momentum candle close above the gray neckline.
Meanwhile, until the buy is activated, FIL would be overall bearish can still trade lower inside the demand zone.
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
FILUSDT, quick analysis. FILECOINHello my friends, Everything is clear on the chart for you like always. Keep it in your watchlist to enter the position. I expect another price pump, and If the price consolidate under the support zone , can go down to lower support, consider it.
Good luck.
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Write your comment and opinion below to me
Filecoin - FIL at critical ample markFilecoin - FIL at critical ample mark
positive: we see a regular bullish divergence on RSI
negative: we see a hidden bearish divergence as well
Speaking in ample steps:
red:
if we lose last volume support at $5.85
yellow:
if we break price resistance at $11.87
green:
if we break above volume resistance at $22.35
What are your thoughts on fil dear Crypto Nation?
*not financial advice
do your own research before investing
FIL/USDT 4HFIL/USDT 4H Clear formation of an ascending wedge, the loss of movement amplitude indicates a rally towards its target of $5.98, as the cloud is its fair price range.
Filecoin is a decentralized protocol that allows anyone to rent spare storage space on their computer.
The Filecoin mainnet was launched in October 2020.
FIL/BTC 4HFIL/BTC has drawn a triangular wedge and is rehearsing an upward movement, it should only stop at the subsequent congestion layer of the Ichimoku cloud, which layer has trapped it for a long time. Passing it, it quickly hits the target.
Filecoin is a decentralized protocol that allows anyone to rent spare storage space on their computer. The Filecoin mainnet was launched in October 2020.
FILUSDT - 4H - LONG Hi guys,
A very risky trade, only for the bravest!
On daily Filecoin has yet to choose a direction, and on 4H a very clean bullish signal appeared.
On smaller TF, price action seems under control for a bullish move.
So I setup a tight SL in case we are fully wrong on this one.
If we manage to get above 9, I would not take half profit (unless price action contradict me) as we could be riding a bigger wave upway.
Best of luck,