[Filecoin]
Sellers still quite dominant in the Filecoin cryptocurrency, as it is confirmed by a Death Cross intersections between the two EMAs.
Key Levels
1. Resistance. 2 : 1.121
2. Resistance. 1 : 1.003
3. Pivot : 0.936
4. Support. 1 : 0.818
5. Support. 2 : 0.751
Tactical Scenario
Pressure Zone: If the price of Filecoin breaks down below 0.818, there is potential for Filecoin to continue weakening to 0.751.
Momentum Extension Bias: If 0.751 is broken, Filecoin may continue its decline to 0.633.
Invalidation Level / Bias Revision
The downside bias is restrained if Filecoin strengthens and breaks above 1.121.
Technical Summary
EMA(50) : 0.903
EMA(200): 1.020
RSI(14) : 52.02
Economic News Release Agenda:
Tonight the United States will release the following economic data:
US - Prelim UoM Consumer Sentiment - 22:00 WIB
US - Prelim UoM Inflation Expectations - 22:00 WIB
US - Consumer Credit m/m - 03:00 WIB