0.1598 is our pivot point.
Our preference: the upside prevails as long as 0.1598 is support.
Alternative scenario: the downside breakout of 0.1598 would call for 0.1546 and 0.1516.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1642 and 0.1624).
Supports and resistances:
0.1807 **
0.1776 *
0.1746 **
0.1715
0.1645 last
0.1618
0.1598 **
0.1546 *
0.1516 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-25-2024 at 09:22 UTC+1
Price reference: 0.1645 last known on 05-25-2024 at 09:22 UTC+1
Investment horizon: INTRADAY
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