Our pivot point is at 0.1438.
Our preference: as long as 0.1438 is support look for 0.1578.
Alternative scenario: below 0.1438, expect 0.1391 and 0.1364.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is below its 20 period moving average (0.1483) but above its 50 period moving average (0.1415).
Supports and resistances:
0.1634 **
0.1606 *
0.1578 **
0.1550
0.1477 last
0.1456
0.1438 **
0.1391 *
0.1364 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-03-2025 at 15:05 UTC+1
Price reference: 0.1477 last known on 12-03-2025 at 15:05 UTC+1
Investment horizon: INTRADAY
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