Filecoin / Dollar intraday: below its lower Bollinger band

Our pivot point is at 2.6.

Our preference: the downside prevails as long as 2.6 is resistance.

Alternative scenario: the upside breakout of 2.6, would call for 2.7 and 2.7.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2.6 and 2.6). Finally, the Filecoin / Dollar has penetrated its lower Bollinger band (2.5).

Supports and resistances:

2.7 **

2.7 *

2.6 **

2.6

2.5 last

2.5

2.4 **