Our pivot point is at 0.3442.
Our preference: as long as 0.3442 is support look for 0.3631.
Alternative scenario: below 0.3442, expect 0.3377 and 0.3338.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.3504 and 0.3477).
Supports and resistances:
0.3709 **
0.3670 *
0.3631 **
0.3592
0.3511 last
0.3467
0.3442 **
0.3377 *
0.3338 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 10-29-2024 at 21:53 UTC+1
Price reference: 0.3511 last known on 10-29-2024 at 21:53 UTC+1
Investment horizon: INTRADAY
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