Our pivot point is at 0.1525.
Our preference: the upside prevails as long as 0.1525 is support.
Alternative scenario: below 0.1525, expect 0.1476 and 0.1447.
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 0.1534 and 0.1502).
Supports and resistances:
0.1724 **
0.1695 *
0.1665 **
0.1636
0.1572 last
0.1545
0.1525 **
0.1476 *
0.1447 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-16-2024 at 07:02 UTC+1
Price reference: 0.1572 last known on 05-16-2024 at 07:02 UTC+1
Investment horizon: INTRADAY
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