Our pivot point stands at 0.1331.
Our preference: as long as 0.1331 is support look for 0.1444.
Alternative scenario: below 0.1331, expect 0.1294 and 0.1273.
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 0.1367 and 0.1335).
Supports and resistances:
0.1488 **
0.1466 *
0.1444 **
0.1423
0.1375 last
0.1345
0.1331 **
0.1294 *
0.1273 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-22-2024 at 12:00 UTC+1
Price reference: 0.1375 last known on 07-22-2024 at 12:00 UTC+1
Investment horizon: INTRADAY
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