filbtc for ref use it with filusd pair. forming rounded bottom a coiled spring ready to release.
FILBTC head & shoulders at base/bottom + double bottom. FILUSD recently broke out of falling wedge. (1H) Double bottom pattern might be arguable and not exact/accurate (around 200 pips in difference) Already opened two long positions on last test of support at 0.00067 Filecoin, which works on top of the IPFS protocol, is still low marketcap for what it...
Hi guys, With the current market being bullish on BTC pairs i'm looking for ALTS bottomming, showing sings of reversal on 4H and 1D timeframes. An example of this it's FIL, with a downtrend on the daily but signs of reversal on the 4H. For bullish/reversal signs we got: Double bottom on the 4H with RSI bullish divergence. Price breaking through the...
Started little uptrend after making new low. Currently still in a major downtrend but interesting to see where this little trend goes.
While I'm bullish long-term with Filecoin, it's been brutal watching this project battered and left for dead. And dead they most certainly are not. Filecoin has launched it's mainnet, and it's creator also created IPFS, a decentralized file storage mechanism that's quickly becoming more and more popular, This is bullish for Filecoin. So is Filecoin's narrative -...
until now, there is no recovery or turning sign on fil/btc, maybe it's needs to waiting for some weeks to see the place feel can turn his trend to upward movement .
Long FIL/ BTC 1. The beginning of the decline in the level of BTC dominance . 2. Weakening of the growth dynamics of BTC/USD near ATH . 3. General consolidation of altcoins after a downtrend (to BTC ). 4. Inflow and redistribution of new money in the market. 5. General growth trend of the crypto market. 6. Change in the trend dynamics after the fall to...
Hello there ladies and gentlemen, BulloTaurus here with a quick analysis for today . Filecoin is a peer-to-peer network that stores files on the internet, with built-in economic incentives to ensure files are stored reliably over time. I remember how hyped was Filecoin when it launched, a lot of profits were made when it found its top and it was in a downtrend...
EMA and price action is coiling in a triangle with a base being built on the 55 ema . As it's reaching near the apex, time will tell. whether it breaks up or down. Perhaps the support from coin base pro may finally give this thing some legs.
FIL FORMING A BULL FLAG SHORT TIME FRAME
💎Technical Analysis Summary💎 BINANCE: FILBTC -After the strong rally last October 26 -The price has decided to cool down -After breaking its key support around 24000s sat -This breakdown is likely forming a small Bear flag -Which is technically not good in the short term price action -If the Bears can send more follow-through in the coming few hours -The...
Filecoin is a project to create a decentralized storage platform with embedded cryptocurrency (Filecoin, FIL). Since 2014, it is implemented by the California blockchain startup Protocol Labs, a developer of IPFS systems. The idea of the project is to give one computer user the opportunity to earn FIL for using the surplus capacity of their hard drives for...
💎Technical Analysis Summary💎 BINANCE: FILBTC -FIL broke its key level of support around 34000s sat -This is a clear Bearish downtrend confirmation -If FIL unable to get above the key support level again -The downside potential targets are 28000-24000s sat area -Using reverse Fib extension, we will have a support guide below A big Thanks for donating 💰 via...