Our pivot point is at 0.1079.
Our preference: the upside prevails as long as 0.1079 is support.
Alternative scenario: below 0.1079, expect 0.1049 and 0.1032.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.1086 and 0.1084).
Supports and resistances:
0.1205 **
0.1187 *
0.1169 **
0.1151
0.1105 last
0.1090
0.1079 **
0.1049 *
0.1032 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-11-2024 at 16:55 UTC+1
Price reference: 0.1105 last known on 07-11-2024 at 16:55 UTC+1
Investment horizon: INTRADAY
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