0.3578 is our pivot point.
Our preference: the upside prevails as long as 0.3578 is support.
Alternative scenario: the downside breakout of 0.3578 would call for 0.3510 and 0.3470.
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 is above its 20 and 50 period moving average (respectively at 0.3619 and 0.3627).
Supports and resistances:
0.3855 **
0.3815 *
0.3774 **
0.3734
0.3638 last
0.3605
0.3578 **
0.3510 *
0.3470 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-22-2024 at 21:52 UTC+1
Price reference: 0.3638 last known on 10-22-2024 at 21:52 UTC+1
Investment horizon: INTRADAY
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