Cardano / Dollar intraday: the upside prevails as long as 0.3643 is support

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1641277297899
ADAUSD.hb+0%
2024-09-24 15:04Source:TC

Our pivot point is at 0.3643.

Our preference: the upside prevails as long as 0.3643 is support.

Alternative scenario: below 0.3643, expect 0.3560 and 0.3510.

Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.3672 and 0.3627).

Supports and resistances:

0.3962 **

0.3913 *

0.3863 **

0.3813

0.3713 last

0.3676

0.3643 **

0.3560 *

0.3510 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-24-2024 at 15:04 UTC+1

Price reference: 0.3713 last known on 09-24-2024 at 15:04 UTC+1

Investment horizon: INTRADAY

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