- Filecoin reversed from resistance area
- Likely to fall to support level 2.0000
Filecoin cryptocurrency recently reversed from the resistance area between the resistance levels 4.000, 3.465 (former monthly high from March), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downtrend from December.
The downward reversal from this resistance area stopped the previous short-term correction ii from June.
Given the clear daily downtrend, Filecoin cryptocurrency can be expected to fall to the next round support level 2.0000.
- Likely to fall to support level 2.0000
Filecoin cryptocurrency recently reversed from the resistance area between the resistance levels 4.000, 3.465 (former monthly high from March), upper daily Bollinger Band and the 38.2% Fibonacci correction of the downtrend from December.
The downward reversal from this resistance area stopped the previous short-term correction ii from June.
Given the clear daily downtrend, Filecoin cryptocurrency can be expected to fall to the next round support level 2.0000.
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
By the FxPro Analyst Team
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Follow our dedicated Telegram channel t.me/fxpro for insightful market analysis and expert commentary.
Reach out to media.comments@fxpro.com for PR and media inquiries
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.