Our pivot point is at 0.1512.
Our preference: the downside prevails as long as 0.1512 is resistance.
Alternative scenario: above 0.1512, look for 0.1559 and 0.1586.
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 0.1511 and 0.1537).
Supports and resistances:
0.1586 **
0.1559 *
0.1512 **
0.1494
0.1476 last
0.1420
0.1392 **
0.1365 *
0.1337 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-18-2024 at 02:37 UTC+1
Price reference: 0.1476 last known on 04-18-2024 at 02:37 UTC+1
Investment horizon: INTRADAY
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