Another Brutal Filecoin Rejection: Crash Imminent!Another Brutal Filecoin Rejection: Crash Imminent!
The chart speaks for itself. Every coin has done 500% minimum but filecoin can't even 1.5x in ultra bull market conditions. Extremely weak!
FILUSDT.P trade ideas
FILUSDT.1DBased on the provided market data, the FIL/USDT pair is currently trading at 6.039 USDT.
In the 4-hour chart, the Relative Strength Index (RSI) is at 61.47, suggesting that the market is slightly more towards the overbought territory. The Moving Average Convergence Divergence (MACD) is positive, indicating a bullish trend. The Bollinger Bands (BB) are at 6.319, suggesting a moderate degree of price volatility. The support levels are at 5.585, 5.412, and 4.857, while the resistance levels are at 6.273, 7.040, and 7.340.
In the daily chart, the RSI is at 70.91, indicating that the market is in the overbought territory and could potentially be due for a correction. The MACD is also positive, suggesting a bullish trend. The BB is at 6.322, indicating a moderate degree of volatility. The support levels are at 5.373, 4.471, and 4.282, while the resistance levels are at 6.760, 7.353, and 7.649.
In the weekly chart, the RSI is at 68.05, indicating that the market is slightly in the overbought territory, suggesting that the market could potentially be due for a correction. The MACD is positive, indicating a bullish trend. The BB is at 6.330, suggesting a moderate level of volatility. The support levels are at 4.130, 2.690, and 2.423, while the resistance levels are at 6.800, 9.400, and 11.215.
In summary, the market data suggests a bullish trend for FIL/USDT in the short term. However, the relatively high RSI values in the daily and weekly charts suggest that the market could be due for a correction in the medium to long term. As always, this analysis should not be taken as financial advice and individual research should be conducted before making any investment decisions.
fılIt has reached a big wedge on the weekly chart. If it breaks the wedge, a big rise may occur.
But if she can't break it, she'll go down again
You need to wait for it to break before opening a position.
filIn the first step, by keeping the green line, it can rise little by little
In case of failure, it can be checked in the green box
#FIL +300% PROFIT IN Q1-2 2024#FIL Looks Promising here for the MidTerm ENTRY 📈📈..
In case of Major Trendline Breakout, Expenting +300% Bullish Rally in the Q1-2 2024.
Mock Up Price Action for FIL | Mid Term (12HR)Mock Up Price Action for BINANCE:FILUSDT | Mid Term (12HR)
- Watching and waiting for opportunities
Personal Approach & Base Chart Setup
- Stacked Parallel Channels for Grid of Confluence Points
- High Time Frame (HTF) Fib Extensions, Retracements, & Time Cycles
- Red Filled Horizontal Rectangles between areas of major Fib level from Extensions and Retracements
- Price Label Callout with Red Circle highlighting points of interest where I'd consider making a trade
- I will consistently monitor and adjust taking into consideration long/mid/near term price action and market conditions/news
Filecoin investment ThesisFilecoin the decentralized storage mogul has broke above a long term supply ,From the shift of trend am anticipating a bullish run to new levels.
And the idea that the bull run is upon us i anticipate large ROI
fil is ready5 dollars was achieved, the next target is 8 dollars, the heat rises there until we reach 14 dollars
Filecoin Rejected for the 8th Time: Ultra Mega BearishWhile the entire crypto + stocks market has been making new yearly highs, filecoin has been struggeling with a minor resistance. As previously mentioned, this is extremely worrisome for holders/buyers of this asset because extreme weakness in an otherwise extremely strong market is recipe for Ultra Mega Bearish Disaster. I expect this coin to drop to sub $1 and never recover. This coin was $230 and is now barely $5, which shows that it has unfortunately already died. I expect the crash to commence soon.
FIL/USDT Hello dear who is reading this text now;
It looks that FIL/USDT has made a clear and good Flag pattern. If it breaks out upward that would be a good justification for a bullish trend. If you want to open a position, the best time is when this happens. If you don't know what a flag pattern is, you can have a target equal to the flagpole and the stop loss would be bottom of the flagpole.
Your comments and likes would be appreciated and indicate that you want me to share you more ideas.
pump filThis currency has been investigated and it is suffering after its upward movement and it will probably continue its upward movement and see its major ceiling.
Filecoin Rejected; Another 80% Drop Coming?Filecoin showing EXTREME WEAKNESS.
While most other DePIN projects have pumped, Filecoin has failed to do so.
It keeps rejecting around $6, which is a BAD OMEN because every other coin has had no problem breaking through resistance.
It's unlikely Filecoin will breakout because altseason is over and bitcoin is about to see a major correction.
If you bought Filecoin above $10, chances are you will never break-even, let alone make a profit (the ATH of this shitcoin was over $200!).
Maybe Filecoin will reach $10-$12 as the TOP FOR THE NEXT BULL MARKET, when Bitcoin is $200,000.
I expect another 80% dump for Filecoin!
FILUSDTAnalysis of FILUSDT time form 4 hours
The current price of FileCoin is $5.39. According to the long-term downward trend line drawn in yellow, if this trend line breaks from the ceiling, targets 1, 2 and even 3 can be easily achieved. But if our 38 Fibonacci area Which is right in the most part of the market where the volume is lost, we have the possibility of correction up to the price of 4.43 dollars. The important supports that we should pay attention to are the prices of 4.87 dollars and 4.43 dollars, and the most important of them is 4.03 dollars.
Technical analyst: Amir Hassan Salek
#FILUSDT
FileCoin(FIL): Near Major Resistance ZoneThe price is currently hovering around a key resistance level, with potential entry points highlighted. The market is indicating a possible downward trend, with the major target set at a lower support zone (near 100 and 200 EMA).
Swallow Team
FILUSDT ( UPDATE ) buy again ??Traders 🖐🏻
✅✅✅ Please see the previous analysis of this currency that I signaled from the floor💪🏼🤝🏼
Considering the powerful momentum of the upward movement and considering that the RSI in the weekly time is not even close to the overbought area, we can expect a small correction of this currency and after that the upward movement will continue until the specified price.
Considering the volume of purchases and positive news about this currency, it will have a very good growth potential.
Good luck🤑
WARNING: Imminent Filecoin CRASH! $0.10 is nextWARNING: Imminent Filecoin CRASH! $0.10 is next
One of the WORST charts in the entire history of cryptocurrencies and assets in general. This SHITCOIN was $230 and is currently trading below $5.51 and has extreme trouble overcoming a MINOR resistance while the shittiest of shitcoins have seen 1000% rise in the past week alone. Filecoin being such extremely weak in an extremely bullish market is a HUGE WARNING SIGN. I am sorry, but if you bought this coin above $15, you will never even break-even, let alone make a profit. Even if bitcoin goes to $1,000,000, I highly doubt filecoin will be over $15.
Big SHITCOIN. Avoid!!
We are looking at 2X in the makingHere we are looking for a push upside,
No upper limit because it is a crazy market,
You just take 100% of the pnl and leave the rest if it wants to go to the moon, go to lower time frame and you can see a clear line for setting up your stops, good luck
Huge Filecoin Crash Coming: Target $1While other coins have pumped massively for the past month, filecoin keeps struggeling with a major resistance. This is extremely bad when the rest of the market is pumping and breaking resistance after resistance with extreme ease. Since the market is poised for a correction, and since filecoin is pausing at major resistance for the 4th time, the chances of an epic CRASH are incredibly high (99% likely). I expect filecoin will crash another 80% soon.
I'm bullish on Fil on 5m time frameAgain with Elliott sequence appeared on 5m time frame with along bullish candle making a FVG with is our entry zone, I will enter from here & my stop loss will be at last swing low, looking for the target on the chart, So let's long MEXC:FILECOINUSDT.P
Filecoin is a Shitcoin and Will Drop MassivelyIs Filecoin a scam shitcoin?
Showing massive weakness while the rest of the market is going berserk.
Reason:
When during a massive, market-wide bull market everything pumps massively but your asset in the same category does not, it means you're holding a garbage asset that will continue to underperform for the duration of the bull cycle.
Many coins in the same category as filecoin, such as helium and pocket network, have done 400% - 1000% in recent weeks, while filecoin is struggeling with an age-old resistance. If filecoin does not break out within the next 24 hours, you can rest assured it will be the shittiest coin to hold for the next year!
filusdtTechnical analysis is just a hypothesis, but with this strong market cap and ranking of 31, it has not grown and it is one of the most potential currencies.
fil greparing for solid recovery seems like consolidation is almost over and fil finally preparing for massive breakout
On Verge Of Massive Breakout Formed Text Book Symmetrical Triangle & Testing It In case Of Successful Breakout Expecting Move Towards 20 to 25$ in midterm
keep eyes on fil for confirmed breakout
FILUSDT - Parabolic ExhaustionStrong bullish runup with a possible attempt to reach the 5.5 round number level.
If it attempts and is rejected or falls beforehand, a retracement is a strong possibility.
