Cardano / Dollar intraday: the upside prevails as long as 0.3502 is support

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1641277297899
ADAUSD.hb+0%
2024-09-21 21:52Source:TC

Our pivot point stands at 0.3502.

Our preference: the upside prevails as long as 0.3502 is support.

Alternative scenario: below 0.3502, expect 0.3419 and 0.3370.

Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.3561 and 0.3544).

Supports and resistances:

0.3818 **

0.3769 *

0.3720 **

0.3670

0.3570 last

0.3534

0.3502 **

0.3419 *

0.3370 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-21-2024 at 21:52 UTC+1

Price reference: 0.3570 last known on 09-21-2024 at 21:52 UTC+1

Investment horizon: INTRADAY

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