The strong bottom is broken and it is a pullback to it and continues to drop
Filecoin against Bitcoin is forming a multi-year falling wedge, which is a bullish pattern.
As you can see the FILBTC-pair is moving out of the downwards channel on the 1HR-timeframe.
Based on Volume, Fibonnaci and Monthly levels. This coin seems shit, so I don't advise to enter.
Hey, traders FIL/BTC pair looks good not financial advisors
Filecoin has the most bullish chart in all of crypto. As we can see on this BINANCE:FILBTC chart, TSX:FIL has clearly broken out of its long-term downtrend against $BTC. For reference, this is the weekly chart of #filecoin, which is the most important #DePIN (Decentralized Physical Infrastructure Network) coin in existence, and as is common knowledge, DePIN...
Hi dear friends, hope you are well and welcome to the new trade setup of Filecoin (FIL) coin with Bitcoin pair. Recently we caught more than 28% pump as below: Now on a daily time frame, FIL has formed a bullish Gartley move for the next price reversal. Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the...
I understand that my followers like Filecoin, so we are going to look at both pairs, BTC and USDT. This is the chart for FILBTC and it is looking really good. ✔️ We have a mid-term higher low, high buy volume, a bullish cross on the MACD and a rising RSI. Today's candle is also the biggest in weeks and the first move on the bulls side since the mid-Feb....
Broke out a while back, finally starting to move above 200 day EMA. Hold above 200 day EMA - head to targets, else - re-test wedge top first.
If you zoom out, you can see that Filecoin (FILBTC) is still trading near the bottom compared to its April All-Time High... Let me show you: Telling us that there is still plenty of room left for additional growth. Its been only a few days since our last trade idea for this pair and it is already moving strong... Great, but as I just mentioned, there is...
Notice here the falling wedge pattern and the dashed blue line marking the June 2022 low/support. The "cup" pattern in yellow is the stop-loss/liquidity hunt event. Notice that it breaks out of the falling wedge pattern as well as the June support. This is a whale type of move. Something like "market manipulation"... We can't avoid it, we are small fish swimming...
In the first days of 2023, the FILBTC registered a 14% increase, even so it needs to surpass 0.0002164 to be able to break the downtrend it is in. Breaking it, it will seek the MM200 at 0.0002749. The Fil unbelievably corrected over 98%, and recovering the top can be a major hurdle. But the pair itself is worth the Hold as it was designed to be a decentralized...
Filecoin vs Bitcoin (FILBTC) gave us an early signal 27-November with a very high volume day, the highest since July. Today this pair moves above EMA50, after a higher low with a strong RSI. Using the Fib. extension tool we extracted the following targets, short- and mid-term. The easy target is set at 48% around 0.00040180, followed by a higher high compared...
FILBTC has already broken the accumulation triangle and passed the MM200, breaking a brutal slab, getting lighter to reach its target. The resistances imposed by Fibonacci at 0.0003061 and 0.0003417 will take a while to reach the target, but not that much. FILBTC alone is worth the hold
FILBTC - The top pair to date has corrected around 96.93%, which tells us that the breakout of the triangular figure formed will be up. In addition, the moving averages cross in eminence which gives us another strong indication of an upside breakout. If there is a corrective, its support is at 0.0002035 and its resistances before the target of 0.0003840 are...
FIL/BTC is about to complete a WXY pattern. Not financial advice.
Since August 1st it has been forming a descending wedge. Fil will face resistances of 0.000303 / 0.0003205 / 0.000344 and after these resistances there is a great possibility that Fil will reach its target. In the opposite direction, you can look for its support, which is the lower edge of the wedge, which is at 0.000262 and with an increase in volume, it will...