Two green trend lines are for trend channel, this top trend line has respected all the time (from far back till now) So, it is true criteria, It hit the top (upper trend line), time to short then ;) .
The price has formed a downward corrective channel. The RSI is at the oversold level, signalling the possible completion of the decline soon. We believe that the price will test the 76.4% Fibonacci support level and also decline to the trend support line. We recommend buying from key support levels.
Bullish penant on FIL is forming and i expect it to break upside soon
FILUSDT is printing an pennant consolidation chart pattern. Breakout is imminent. Possible price actions indicated.
FIL is accumulating after breaking out of the Falling Wedge pattern and if it does not lose the 30-31$ zone it will rise to the 40$ and even 45$ zone in the next few days. But if it falls out of the 30$ zone it will fall to the 23$ zone 📈BUY- LONG Strategy - Buy: 30-31$. Stoploss if B 📉SELL-SHORT Strategy - Sell: 39-40$. Stoploss if A - Sell: 44-45$. Stoploss if...
FILUSDT brokedown below the descending triangle support as expected from my previous analysis.
💎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 formed a descending triangle after the breakout of the symmetrical triangle - We can see some a bounce from 0.618 FIB and if we break the upper trend line, we can expect higher prices If you want more of these ideas, please hit the like button and follow me, so you don't miss any update! Also, check my signature down below ↓
The market is down. Go short. Do NOT forget about your STOP-LOSS!
FILUSDT brokedown below the uptrend support. The market is printing a descending triangle pattern. Breakdown below the triangle support could be a bearish signal ⬇️. RSI printed a bearish divergence signal. Breakdown below the RSI rectangular pattern support could be a bearish confirmation 🔽.
FIL has broken a pennant downside, It is good time to open a short and keep a stop loss just above the below trend line of pennant. Targets are posted.
- FILE coin is currently moving in this symmetrical triangle - Also watch BTCUSDT for other important information about following move Please, hit the like button and follow me for more of these ideas! Also, check my signature down below ↓
- Maybe one more wave to the upside, to finish 5th Elliott wave - very possible - I think the trend is over and we are looking for a retracement - We can see a rising wedge forming on the recent move - bearish pattern - 100% gains in 3 days, i think it is too oversold for a short term Please, hit the like button and follow me for more of these ideas! Also,...
Please write your idea for me <3 #FILCOIN #cryptocurrency #long
testing out my customized ema trend indicator with bottom Price volume trend (red/green) rsi div red(bearish divergence) pivot (blue) green(bullish divergence) Function Sine Wave Volume top modified EMA to MA cross TeddyClep's Ichi cloud 3 functional polynomial regressions (1000,250,10)
- Elliott impulse wave completed with a long wick candle at the end of the trend - I do not really see a continuation, first we are looking for some kind of correction to the downside - You can buy 0.618 fib for a short term bounce or double bottom pattern - You can also profit from this move to the downside by using Futures market Please, hit the like button...