01.12.202307:40 Forex Analysis & Reviews: Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday December 01, 2023.

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On the 4th hour chart of Filecoin Cryptocurrency, the price movement seems under the Kumo, Tenkansen & Kinjunsen (which is Death Cross) as well as Chikouspan which all of those elements is also under the Kumo that has Future Kumo Span A below Span B, where all of this gives the clue that Filecoin is in the middle of the weakness condition which is quite significant, so that based on the facts above, as long as there is no strengthening correction of this cryptocurrency which exceed above the level 4,655, then in the near future, Filecoin will straight to the level 4,286 as the main target and 4,174 will be the next target.

(Disclaimer)

Arief Makmur
Analytical expert of InstaForex
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