Our pivot point stands at 0.0937.
Our preference: as long as 0.0937 is support look for 0.0996.
Alternative scenario: below 0.0937, expect 0.0916 and 0.0904.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (0.0967) but above its 50 period moving average (0.0914).
Supports and resistances:
0.1021 **
0.1009 *
0.0996 **
0.0983
0.0957 last
0.0946
0.0937 **
0.0916 *
0.0904 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 02-28-2024 at 06:58 UTC+1
Price reference: 0.0957 last known on 02-28-2024 at 06:58 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf