REDATOR Ben Graham Posted February 6 REDATOR Report Share Posted February 6 [Filecoin] Sellers still quite dominant in the Filecoin cryptocurrency, as it is confirmed by a Death Cross intersections between the two EMAs. Key Levels1. Resistance. 2 : 1.1212. Resistance. 1 : 1.0033. Pivot : 0.9364. Support. 1 : 0.8185. Support. 2 : 0.751Tactical ScenarioPressure 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 RevisionThe downside bias is restrained if Filecoin strengthens and breaks above 1.121. Technical SummaryEMA(50) : 0.903EMA(200): 1.020RSI(14) : 52.02Economic News Release Agenda:Tonight the United States will release the following economic data:US - Prelim UoM Consumer Sentiment - 22:00 WIBUS - Prelim UoM Inflation Expectations - 22:00 WIBUS - Consumer Credit m/m - 03:00 WIBThe material has been provided by InstaForex Company - www.instaforex.com Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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