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[Filecoin]
Although both EMAs have not yet formed a Golden Cross intersection, but with RSI(14) in the Neutral-Bullish area, Filecoin has the potential today to strengthen toward its nearest resistance.
Key Levels
1. Resistance. 2 : 0.895
2. Resistance. 1 : 0.878
3. Pivot : 0.863
4. Support. 1 : 0.846
5. Support. 2 : 0.831
Tactical Scenario
Positive Reaction Zone: If Filecoin breaks out above 0.878, there is a chance the move will rise toward 0.895.
Momentum Extension Bias: If 0.895 is also broken, Filecoin could continue its advance to 0.910.
Invalidation Level / Bias Revision
The upside bias weakens if Filecoin falls below 0.831.
Technical Summary
EMA(50) : 0.871
EMA(200): 0.893
RSI(14) : 69.08
Economic News Release Agenda:
Tonight the United States will release the following economic data:
US- Core PCE Price Index m/m - 19:30 WIB
US - Prelim GDP q/q - 19:30 WIB
US - Core Durable Goods Orders m/m - 19:30 WIB
US - Durable Goods Orders m/m - 19:30 WIB
US - Prelim GDP Price Index q/q - 19:30 WIB
US - Personal Income m/m - 19:30 WIB
US - Personal Spending m/m - 19:30 WIB
US - JOLTS Job Openings - 21:00 WIB
US - Prelim UoM Consumer Sentiment - 21:00 WIB
US - Prelim UoM Inflation Expectations - 21:00 WIB
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
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