Our preference: the upside prevails as long as 0.2449 is support.
Our pivot point is at 0.2449.
Our preference: the upside prevails as long as 0.2449 is support.
Alternative scenario: the downside breakout of 0.2449 would call for 0.2398 and 0.2368.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 0.2477 and 0.2463).
Supports and resistances:
0.2644 **
0.2614 *
0.2584 **
0.2553
0.2492 last
0.2469
0.2449 **