Synthesis
Our pivot point is at : 0.589.
Our preference : lighten as long as 0.589 is the limit with 0.373 as the objective.
Alternative scenario : the overflow of 0.589 will validate an increase to 0.659 and 0.701.
Comment
The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate the zero line to validate a continuation of the decline. Furthermore, prices are below their 20 moving average (0.5763) but above their 50 moving average (0.4954).
| Tendency | Calculated data | ||
|---|---|---|---|
| Technical advice | Neutral | Course on 06/15 | 0.50 |
| Basic trend | Bullish | Pivot | 0.59 |
| Bracket 1 | 0.37 | Additional distance 1 | – 0.13 |
| Bracket 2 | 0.34 | Additional distance 2 | – 0.16 |
| Resistance 1 | 0.59 | Additional variation 1 | -26.00% |
| Resistance 2 | 0.66 | Additional variation 2 | -32.00% |
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