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Filecoin

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 $15 And the price stays above the support levels ( S ), then we can see more gain like my red Arrow. Happy trading 🌷
Long
by farzan260
BEFORE BUYING FILHello trading mates, it's me again. i took some break for sometime now to clear my head and now i am back with a of momentum, having said that Let's dive in to what i have today. you might be wondering what is FIL, Filecoin is a decentralized storage system that aims to “store humanity’s most important information. at the time of writing this article the price of FIL to USDT is 19.20 and it has been trapped in an Ascending Broadening Wedge Chart pattern which is yet to be confirmed. yes for the wedge to be validated, the price need to decline more from 19.20 to 16.31 support line, which should send the price back to the resistance line at 30:700 to 31$. Note* the falling broadening wage in the making started forming since January 22nd 2022 till date April 24th 2022, which is about 3 months and currently about to test the support once more. for me i will be longing when it get to the support and shorting for another lower low when it gets to the resistance, i will be considering the market condition thou. if you are currently bearish maybe you should wait for a clear clear breakout at at 16:500 which is the neck line of the previous lower low. which ever way trade responsibly. if you find this helpful, plz like and i would be looking forward to hear your opinion at the comment section.
by Italkbet
Make-or-brake Situation for Filecoin Filecoin Price got trapped inside a descending triangle pattern over the daily chart. FIL Coin falters at the verge of descending triangle pattern and tries to sustain. The token is waiting for bulls to take charge from here for the successful bullish rally. Filecoin has been falling from 18th September 2021 and went into a descending triangle pattern over the daily chart. This current level could be a great entry point for FIL investors and from current level FIL may hike with a strong uptrend momentum over the daily chart. From now on FIL may witness extreme buying and can approach higher levels making higher-highs. Technical Indicators suggest no signal at the moment for FIL coin. Relative strength Index forecast neutrality for FIL coin. However, the declining line over the indicator shows that RSI haven’t signalled any strong directional change for Filecoin yet. MACD exhibits sideways momentum of FIL in a descending triangle pattern. The MACD line is below the signal line and approaching towards it for a positive crossover. Technical Levels Support Levels: $17.60 and $15.00 Resistance Levels: $20.00 and $87
COINBASE:FILUSDLong
by TheCoinRepublic
1
FILUSDT, The price is moving rangingHello everyone Finally, We have some request to update FIL (Filecoin) and we will did it for you guys According to the chart as you can see the price is moving on ranging zone that we shown on chart, it has no trend in this time but if you wanna do some scalp trading we shown the zone for buying and selling that you can do it . Filecoin it can be a part of future but it depending some factors that should be happen and after that FILE can go and reach to the target more than a thousand dollars but you should check the factor to know its happening or not, DO NOT TRADING AND HODL IN BLIND. Dont forget use stop loss and observe to capital management if you wanna take position but its better to take short position according to the trend of market but it depends on yourself. Our Prediction for the price of FILECOIN in bearish market is below the 2$ but this is just prediction do trade with your own strategy Good Luck Abtin Previous analysis :
Short
by Abtin00
2
STORJ Rallies After Release of IPFS Pinning ServiceProof-of-Storage (sometimes called Proof-of-Space) coins like STORJ, Filecoin, Arweave, and Sia show a lot of promise in the Web 3 space due to the fact that NFT and metaverse projects are driving demand for storage spaces that are both secure and decentralized. (Web2 servers are centralized and often have a single point of failure.) STORJ has recently released a (closed) beta for an IPFS Pinning Service similar to Pinata and other IPFS services, which probably explains the jump that happened this week in its price. IPFS is a complex, often misunderstood technology - what exactly is "Pinning" and how does it play into the broader picture of Web3 projects?
Long
by RyanTanaka
FILECOIN : Daily TA : 04.18.22 (IO)Technical analysis of #Filecoin 's chart and its appealing ranges . Let's take a look at some of the high-potential cryptocurrencies in the market for investment, as you can see all the supports, resistances, targets, etc. are marked on the chart. Pay special attention to the specified levels that i mentioned in the chart . I think everything is obvious in the chart , but just in case if you had any questions pls feel free to ask . Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.18.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
Long
by ArmanShabanTrading
FIL (Filecoin) Coin Analysis 02/04/2022Fundamental Analysis: 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 occurred 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. 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, Filecoin leverages its decentralized nature to protect the integrity of a data’s location, making it easily retrievable and hard to censor. Decentralized storage systems like Filecoin allow people to be their own custodians of their data, as well as makes the web more accessible to people worldwide. Since participating in the Filecoin network by mining and storing is directly related to winning more block rewards, Filecoin incentives participants to act honestly and store as much data as possible Filecoin is secured through proof-of-replication and proof-of-spacetime. In the Filecoin network, nodes that are also known as retrieval miners are in competition to serve clients with data as quickly as they can. They are then rewarded with FIL fees, which encourages a network of nodes that want to replicate and preserve files. Storage miner nodes are constantly competing for contracts to provide storage to clients to a specific length of time. When a storage miner and their client agree on a deal, the storage miner holds the client’s data in a sector and “seals” it to create a unique copy of that sector’s data. Storage miners are rewarded with FIL by clients as deal fees, and these miners can also mine blocks and receive a block reward. Filecoin was founded by Juan Benet, who also created the Interplanetary File System. Benet is an American computer scientist who studied at Stanford University. After founding Protocol Labs in May 2014, he attended Y Combinator in the summer of 2014 with the intention of supporting both IPFS and Filecoin, as well as other projects. Protocol Labs describes Filecoin’s tokenomics, or economic model, as a “market for data” where users can sell their storage space to other users, who are looking to rent. Five stakeholders will be able to trade tokens: developers, clients, miners, token holders and ecosystem partners. There will also be three Filecoin markets, according to Protocol Labs: file storage, file retrieval and on-exchange token trading. In fall 2020, 400 miners participated in what was called the “Space Race” testnet phase, increasing Filecoin’s network data capacity by over 325 pebibytes; approximately 3.5 million FIL tokens will be released to the Space Race participants. The current CoinMarketCap ranking is #37, with a live market cap of $4,752,814,707 USD. It has a circulating supply of 185,777,188 FIL coins and the max. supply is not available. FIL Coin Market Capitalization Analysis: Technical Analysis: There exist Bullish Divergence of Price Value and MACD on the 3D Time Frame , which the sign of bearish trend reversal and start of the new Bullish trend which may lead to the new Economical Cycle. There are Total of 3 Targets defined by the Average Confluences of the Fibonacci Expansion and Fibonacci Trend Base Extension. these confluences Points can even be counted as the Major Pivot Points . The 3 TP gets its confirmation as the Bullish trend Triggers the 2 TP followed by some Price correction and Reaccumulation. on its Up Formation rally. Currently the Price Value is at 95% retracement level; it means it have to break the 90%, 85%, and Eventually the 78.6% Fibonacci Retracement as the Resistance levels and shall recheck them back in order to Prove them to be the support area . The Fibonacci Tools have been Drawn From 0$ to the ATH, so the Specified Levels are well Defined and Proved. The Asset is at the Discounted and Undervalued area which is the Accumulation Level Currently, it means soon the smart many will Flow in it and the Price Value will get Pump and Appreciates to Higher Levels. Probably we may not again see this 95% and 90% Retracement Level or bellow in the current cycle. Our Past Analysis: Initial Asset Acquisition: Treasury Addition:
Long
by BitonGroup
11
🆓Filecoin (FIL) Apr-12 #FIL $FIL FIL just retested the $18 zone, this is the support we can buy in as it helped FIL surge to the $28 zone in mid-February. But if it continues to lose the $18 zone, it will fall strongly to the 16$ and 14$ zone 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 18$ zone 🔴Buy : 18 🔴Sell : 21 - 24 - 27 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 18$ zone 🔵Sell : 18 🔵Buy : 16 - 14 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
Long
by CryptoStation
Bitcoin 4H TA : 04.11.22 (Update)Examining the Bitcoin chart in the 4-hour timeframe, we see that after losing support at $ 42,700 the price hit all the bearish targets , respectively . Note that currently the support in the range of $ 40140 to $ 41400 is one of the most important price supports, and if this level can not maintain the price, we must wait for the price correction to $ 39000! This analysis will be updated. Follow us for more analysis & Feel free to ask any questions you have, we are here to help. ⚠️ This Analysis will be updated ... 👤 Arman Shaban : @ArmanShabanTrading 📅 04.11.2022 ⚠️(DYOR) ❤️ If you apperciate my work , Please like and comment , It Keeps me motivated to do better ❤️
COINBASE:BTCUSDLong
by ArmanShabanTrading
5