Filecoin / Dollar ST: the downside prevails as long as 3.1 is resistance

Our pivot point is at 3.1.

Our preference: the downside prevails as long as 3.1 is resistance.

Alternative scenario: above 3.1, look for 3.6 and 4.0.

Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 2.8 and 2.8).

Supports and resistances:

4.0 **

3.6 *

3.1 **

2.9

2.6 last

2.0

1.7 **