0.1016 is our pivot point.
Our preference: rebound towards 0.1098.
Alternative scenario: the downside breakout of 0.1016 would call for 0.0988 and 0.0972.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (0.1045) but under its 50 period moving average (0.1057).
Supports and resistances:
0.1132 **
0.1115 *
0.1098 **
0.1081
0.1046 last
0.1027
0.1016 **
0.0988 *
0.0972 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-03-2024 at 21:53 UTC+1
Price reference: 0.1046 last known on 10-03-2024 at 21:53 UTC+1
Investment horizon: INTRADAY
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