Technical Analysis of Intraday Price Movement of Filecoin Cryptocurrency, Friday April 05 2024.
April 7, 2024 6:23 pm
With the appearance of the Bullish 123 pattern which is followed by a deviation between the price movement of the Filecoin cryptocurrency and the Stochastic Oscillator indicator on the 4-hour chart, in the near future as long as there is no weakening that penetrates below the level of 8,206, Filecoin has the potential to appreciate and strengthen up to the level of 8,838 and If this level is successfully penetrated upwards, Filecoin has the potential to continue its strengthening up to level 8,996 as its initial target and if momentum and volatility support it, levels 9,435 and 10,405 could be reached in the near future.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
With the appearance of the Bullish 123 pattern which is followed by a deviation between the price movement of the Filecoin cryptocurrency and the Stochastic Oscillator indicator on the 4-hour chart, in the near future as long as there is no weakening that penetrates below the level of 8,206, Filecoin has the potential to appreciate and strengthen up to the level of 8,838 and If this level is successfully penetrated upwards, Filecoin has the potential to continue its strengthening up to level 8,996 as its initial target and if momentum and volatility support it, levels 9,435 and 10,405 could be reached in the near future.
(Disclaimer)
The material has been provided by InstaForex Company – www.instaforex.com
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