Our pivot point is at 0.1038.
Our preference: as long as 0.1038 is support look for 0.1115.
Alternative scenario: the downside breakout of 0.1038 would call for 0.1010 and 0.0993.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1053 and 0.1033).
Supports and resistances:
0.1149 **
0.1132 *
0.1115 **
0.1099
0.1065 last
0.1049
0.1038 **
0.1010 *
0.0993 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-20-2024 at 06:08 UTC+1
Price reference: 0.1065 last known on 09-20-2024 at 06:08 UTC+1
Investment horizon: INTRADAY
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