Stellar / Dollar may fall to 0.1037 - 0.1049

Our pivot point stands at 0.1104.

Our preference

The downside prevails as long as 0.1104 is resistance.

Alternative scenario

Above 0.1104, look for 0.1125 and 0.1137.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 0.1097 and 0.1094). Finally, the Stellar / Dollar is trading below its lower Bollinger band (standing at 0.1078).

Supports and resistances

0.1137 **

0.1125 *

0.1104 **

0.1095

0.1075 last

0.1049

0.1037 **

0.1024 *

0.1012 **

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