Filecoin
Filecoin breaking out$Filecoin "Double Bottom Reversal pattern"
As we can see on the chart the Filecoin currently succeds to breaks trend line and if price could stay above yellow neckline pattern and breaks $6.2 then i am so Bullish and i expecting we will continue bullish move to $7.5 and then $9.5📈
But as i said we should see the price stay above neckline or not.
#FIL/BTC 1DAY UPDATE BY CRYPTOSANDERS !!Welcome to this quick FIL/BTC analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-FIL/BTC PARALLEL CHANNEL and buy the green zone and (SPOT CALL)
Entry:-0.000251,0.000280
Traget:- 70%
Stoploss:- 0.000225
Remember:-This is not a piece of financial advice. All investment made by me is at my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you...
FILECOIN BOTTOM CLOSER THAN EVER!Filecoin is on the cusp of completing a Zigzag ABC correction,
These current levels are buy zones for spot buys
Best Place to go long is Orange Horizontal Support($20)
Top of the Descending trendline is The first target,
0.618- 2nd target,
Hodl the rest till price rejection.
Probable movement for FILUSDT in daily TFIn the daily TF, the probable movement of chart is as shown, the supply area is also shown.
I think the double bottom is probable but consider the lower TF movement and the market movement.
THIS IS NOT AN INVESTMENT ADVICE.
DO THE RISK ON YOUR OWN.
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6761
FILUSDT 1DDue to the downturn that has occurred and the price has reached the bottom of its downtrend channel
The price is on a valid prz and confirms the positive divergence rsi can make an attractive profit in the long run
If the first prz is lost, the next resistance is in the range of 7.87 to 6.17
❌These analyzes are just to give a better perspective for you dear ones
Do not base on buying and selling❌
Filecoin (FIL) Buy ZoneFilecoin (FIL) Buy Zone
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BIAS
Mid-Term : Bullish
Risk : Medium
On higher timeframe, Filcoin has formed bullish pattern its potential reversal zone which is at the entry zone.
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$FIL/USDT LONG SETUP
Leverage : x3 - x5
Entry Price : 17.7 - 17.3
TP 1 : 18.1
TP 2 : 18.4
TP 3 : 18.75
TP 4 : 19.25
TP 5 : 19.75
TP 6 : 20.25
TP 7 : 20.95
TP 8 : 21.8
Stop Loss : 16.9
*Maximum 3% of Portfolio.
*Unload 12.5% at each TP. Whenever TP 2 hits, Move stop loss to entry.
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Filecoin; is trading at Triple Bottom Pthe FIL formed a Triple Bottom on the daily chart That is reversal pattern and it recently bounced from the bottom supporting trend line pattern.as you can see on the chart it can move up to $25 ~ $27.
Assuming BTC won't make a dump, I'm looking for an entry around $17.5 ~ $18.5
So
If we lose our trend line support zone ( S ) , we can see increase sell pressure and more correction to below $15
And the price stays above the support levels ( S ), then we can see more gain like my red Arrow.
Happy trading 🌷