Stellar / Dollar may rise to 0.1084 - 0.1096

Our pivot point stands at 0.1041.

Our preference

The upside prevails as long as 0.1041 is support.

Alternative scenario

The downside breakout of 0.1041 would call for 0.1021 and 0.1009.

Comment

The RSI is above its neutrality area at 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 0.1038 and 0.1037). Finally, the Stellar / Dollar has crossed above its upper Bollinger band (0.1056).

Supports and resistances

0.1120 **

0.1108 *

0.1096 **

0.1084

0.1059 last

0.1049

0.1041 **

0.1021 *

0.1009 **

Number of asterisks represents the strength of support and resistance levels.