Filecoin / Dollar intraday: as long as 1.5 is resistance look for 1.4

Our pivot point stands at 1.5.

Our preference: as long as 1.5 is resistance look for 1.4.

Alternative scenario: above 1.5, look for 1.6 and 1.6.

Comment: the RSI is below 50. The MACD is positive and above its signal line. The break above the 50 area on the RSI should trigger further gains. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 1.5 and 1.5).

Supports and resistances:

1.6 **

1.6 *

1.5 **

1.5

1.5 last

1.4

1.4 **