Stellar / Dollar may fall to 0.0977 - 0.0988

Our pivot point stands at 0.1039.

Our preference

The downside prevails as long as 0.1039 is resistance.

Alternative scenario

Above 0.1039, look for 0.1059 and 0.1070.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 0.1038 and 0.1040).

Supports and resistances

0.1070 **

0.1059 *

0.1039 **

0.1032

0.1014 last

0.0988

0.0977 **

0.0965 *

0.0954 **

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