0.3891 is our pivot point.
Our preference: technical rebound towards 0.3891 before a new drop.
Alternative scenario: above 0.3891, look for 0.3956 and 0.3995.
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 its 20 period moving average (0.3806) but under its 50 period moving average (0.3841).
Supports and resistances:
0.3995 **
0.3956 *
0.3891 **
0.3866
0.3837 last
0.3754
0.3716 **
0.3677 *
0.3639 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-19-2023 at 09:48 UTC+1
Price reference: 0.3837 last known on 01-19-2023 at 09:48 UTC+1
Investment horizon: INTRADAY
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