Our pivot point is at 0.2978.
Our preference: rebound towards 0.3199.
Alternative scenario: below 0.2978, expect 0.2892 and 0.2840.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (0.3043) but under its 50 period moving average (0.3072).
Supports and resistances:
0.3302 **
0.3251 *
0.3199 **
0.3148
0.3046 last
0.3012
0.2978 **
0.2892 *
0.2840 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-12-2022 at 15:50 UTC+1
Price reference: 0.3046 last known on 12-12-2022 at 15:50 UTC+1
Investment horizon: INTRADAY
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