0.3680 is our pivot point.
Our preference: technical rebound towards 0.3680 before a new drop.
Alternative scenario: above 0.3680, look for 0.3751 and 0.3793.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price stands above its 20 period moving average (0.3596) but below its 50 period moving average (0.3629).
Supports and resistances:
0.3793 **
0.3751 *
0.3680 **
0.3653
0.3625 last
0.3526
0.3484 **
0.3442 *
0.3400 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-22-2024 at 02:07 UTC+1
Price reference: 0.3625 last known on 10-22-2024 at 02:07 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf