FIL/USDT Pair Analysis - 4-Hour Chart
Certainly, here's the analysis for the FIL/USDT pair on the 4-hour timeframe, highlighting the emergence of buyers in the market:
FIL/USDT Pair Analysis - 4-Hour Chart
Dear traders,
I would like to share a recent analysis of the FIL/USDT pair based on the 4-hour timeframe, emphasizing the emergence of buyers in the market.
Overall Trend:
On the 4-hour chart, we observe a general upward trend over the past few periods. The FIL/USDT price has shown consistent upward movement, indicating increased interest from buyers.
Supports and Resistances:
Analyzing support and resistance levels, we note that the price has successfully held a strong support at in recent days. Additionally, the price seems to be approaching the key resistance level at , suggesting potential for further upward movement.
Technical Indicators:
Technical indicators such as RSI confirm the current bullish pressure. Buy signals from these indicators reinforce the positive outlook for the FIL/USDT pair.
Transaction Volume:
Another point to note is the increase in recent transaction volume. Increased volume often accompanies significant price movements, which could indicate heightened buyer participation in the market.
Market Sentiment:
Examining market sentiment, it appears that investor confidence has risen, often associated with increased buying. Discussions on social media and specialized forums also reflect growing interest in the FIL/USDT pair.
Conclusion:
In summary, the FIL/USDT pair shows encouraging signs on the 4-hour chart with the emergence of buyers. However, it's essential to remain vigilant and closely monitor the confirmation of this trend. Support and resistance levels as well as technical indicators should be closely followed to guide our next decisions.
As always, trading involves risks, and it's recommended to conduct your own analysis before making decisions.
Happy trading!
H.BENHARI
FILUSDT
Update FILUSDTI would like to inform you of an important update regarding our recent transactions on the FIL/USDT pair. Unfortunately, we have incurred losses in our recent operations, impacting our overall performance. It is crucial to understand that trading involves ups and downs, and sometimes, even with thorough analysis, the market can move unpredictably.
The very nature of trading implies risks, and it is essential to remain realistic and disciplined. Accepting losses is an integral part of the trading process. It's a lesson we all learn at some point. Financial markets are dynamic and can be influenced by various factors, including unforeseen events.
Our commitment to transparency remains intact, and I want to emphasize that every transaction, whether winning or losing, is an opportunity for learning. We will analyze the reasons behind these losses in-depth and adjust our approach accordingly. Trading is a continuous journey of improvement, and we are determined to draw lessons from each experience.
Remember that risk management is crucial in trading. It is recommended to diversify investments and never risk more than you can afford to lose. Patience and discipline are critical qualities for long-term success in financial markets.
Thank you for your understanding and continued support. We remain committed to achieving our long-term financial goals while learning and adapting to evolving market conditions.
Best regards,
FILECOIN ($FIL) - Run it up to the highsFilecoin is developing a long setup if the criteria is met - that is hold the MS break level (keep bullish structure in tact) and reclaim the macro range eq (black dashed line EQ).
So long as it manages to do that, it will push the highs once more. At that point we monitor to see if it breaks out of the downward diagonal and pushed HTF Resistance or if another correction is due, but let's not get ahead of ourselves.
First thing is first, maintain our current low and begin to put in strength soon.
Otherwise I think we revisit Q1 level (lower range quadrant).
Watching this closely over the coming week.
Vatsik
FIL/USDT Positioned at a crucial support area. Bounce or Broke??💎 FIL's market influence has recently been prominent. Currently, FIL is positioned at a crucial support area. Historical observations show that this area often acts as a strong foundation, usually leading to a bounce upon contact.
💎 If FIL successfully rebounds from this level, there's a potential for a resumption in its upward trajectory, aiming for the next significant resistance target.
💎 Conversely, if FIL fails to hold this support level and breaks through it, a bearish trend may emerge. This scenario could lead FIL towards the demand area, marking a critical juncture.
💎The demand zone is pivotal; for an upward trend to resume, FIL must not only bounce back but also regain and sustain levels above this support. A failure to achieve this could signify a continuation of the downward trend, possibly driving FIL towards a more robust support area at lower levels.
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FILUSDT Analysis Update Dear traders and investors,
I would like to share an update on my recent analysis of FILUSDT, incorporating the Fibonacci method to reinforce my bullish view.
Technical Analysis:
Overall Trend: The overall trend of FILUSDT remains bullish, in line with my previous analysis. Signals continue to suggest potential upside in the upcoming sessions.
Key Fibonacci Levels: By applying Fibonacci retracements to recent price movements, we can identify key levels that confirm support at specific levels. These levels can serve as entry points or confirmation for trades.
Current Retracement: Currently, the price appears to be undergoing a retracement, possibly nearing a key Fibonacci level, indicating a potential reversal point.
Trading Volume: It's crucial to monitor trading volume during these price movements. Increasing volume during upward moves would strengthen the likelihood of a trend continuation.
Next Steps:
Confirmation of Levels: Wait for confirmation of the identified Fibonacci levels before making significant positions. Confirmation can come through reversal candles, signals from technical indicators, or a significant increase in volume.
Risk Management: Ensure proper risk management strategies are in place, setting stop-loss orders to protect your investment.
News Monitoring: Keep an eye on market events and potential announcements that could influence price movement.
Conclusion:
My optimistic view on FILUSDT persists, and the use of Fibonacci reinforces this perspective. However, the market is dynamic, and it's essential to adjust your approach based on new information. Stay vigilant, follow market developments, and adapt your strategy accordingly.
As always, it's recommended to consult multiple sources of information and, if possible, seek advice from a financial professional before making significant decisions.
Happy trading!
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🔗"Uncover new opportunities in the world of cryptocurrencies with AhmadArz.
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FIL BUY SETUPIt has a structure that can pull back upwards.
The green area of the swap is a good place to take a buy/long position.
Fixing a 4-hour candle below the swap range will violate the analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Filecoin Is Officially Dead Another Chinese Coin Down the Drain!Filecoin Is Officially Dead Another Chinese Coin Down the Drain!
Imagine there are people who bought this at ATH for $230 and now it isn't even a lousy $10!
Many people recently bought this because of shiller Arthur Hayes, they will be very sorry, too for falling for that charalan!
If you want to prevent losing money follow me.
Filercoin will go to $0.10!
FILL READY FOR LONG 4HFilecoin 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 where users pay for data storage and distribution services in $FIL. 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.
Filecoin is open-source and decentralized, which means that all governance is in the hands of the community. On the Filecoin platform, developers have the opportunity to create cloud file storage services like Dropbox or iCloud. Anyone can join Filecoin and start storing their data or earn money by providing space for someone else's funds. The creators of Filecoin opted for their blockchain technology to run the network and their token with their own consensus.
TSX:FIL is the native currency of Filecoin that powers the entire network and all processes. Clients pay for transactions in FIL tokens. Miners place FIL as collateral, guaranteeing their services.
The developers claim that Filecoin solves the problem of inefficient file storage and retrieval. Customers can find the right solution with an efficient set of tools and its core development, IPFS.
FIL ANALYSIS🔮 #FIL Analysis 💰💰
🌟🚀 #FIL is trading in an Ascending Triangle Pattern. Buyers failed to breakout the resistance zone. This shows a little bearish signal in #FIL. If there is a breakout in #FIL then we will see a bullish move.🚀🚀
🔰 Current Price: $6.015
🎯 Target Price: $11.35
⁉️ What to do?
- We have marked some crucial levels in the chart. We can trade according to the chart and make some profits in #FIL. 🚀💸
🏷Remember, the crypto market is dynamic in nature and changes rapidly, so always use stop loss and take proper knowledge before investments.
#FIL #Cryptocurrency #DYOR
Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming?Is Filecoin Going to $0.10 (10 cents)? 99% Crash Coming?
Filecoin had a BIG TIME rejection. I have warned people! But they alufed at me.
I think filecoin can go to $0.
If you have bought filecoin above $10, chances are 99.4% you will never even break-even, which is shocking considering some people have bought this at $230!
The fact that this coin was $230 and today can't even be $10 after massive bull run, speaks volumes! $0.10 is realistic!
FIL Potential to Increase to $15.6 in Q1 2024FIL Potential to Increase to $15.6 in Q1 2024
Please accept our apologies if this is a mistake.
I see FIL coin has the potential to rise to a price of 15.6 dollars for Q1 of 2024 or maybe more than that.
For the reason there is a triangle pattern over a larger period of time and other reasons present in the video. And at this time it has gone out of the daily trend line.
SasanSeifi 💁♂FIL / 3D ⏩ 6.50$ / 7$ As you can see, in the long-term 3-day time frame, the price has been rising from the demand zone to the liquidity zone. Then, after liquidating the buyers, after a partial correction, it was able to rise again from the price zone of 4.20 USD to the price zone of 5.22 USD. It is currently trading at the price zone of 5 USD. In the medium term, there is a possibility of further growth.
A scenario that we can consider is as follows: if the price remains in the price zone of 5/4.70 USD after ranging, it will continue to grow further to the target zones of the liquidity zone of 6.40 and the supply zone of 7/8 USD. In the case of growth, to better understand the continuation of the movement trend, we need to see how the price will react to the supply zone. In addition, if the price penetrates below the price zone of 4.50/4.70 USD and stabilizes, the price may face further correction.
🔵Remember, always conduct your analysis and consider other factors before making any trading decisions. Good luck!"✌️
❎ (DYOR)...⚠️⚜️
Sure, if you have any more questions or need further clarification, feel free to ask. I'm here to help!
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FIL/USDT Breakout Alert! Descending channel. Bullish Momentum !!💎 FIL has notably made its mark in the cryptocurrency market. Recently, FIL achieved a significant milestone by breaking out of a major descending channel pattern, signaling a shift to bullish momentum.
💎 This breakout suggests that FIL might enter a retesting phase, likely at the demand area or along the support trendline of the descending channel, before it can probability continue its ascent toward a strong resistance area.
💎 However, there's a possibility that FIL might approach the resistance area directly without undergoing a retesting phase. In such a scenario, FIL could face rejection at this resistance level, which might lead it back down to the demand area.
💎 The demand area becomes crucial in this context. For FIL to maintain its upward trajectory, it must bounce back from this area. Should FIL fail to hold its ground at the demand zone, particularly if it breaks below it, the asset could potentially drop further to a lower demand area, around the $4.4 mark.