Cryptocurrency

Stellar / Dollar may rise to 0.0999 - 0.1012

2024-08-15

0.0955 is our pivot point.

Our preference

Rebound.

Alternative scenario

The downside breakout of 0.0955 would call for 0.0934 and 0.0921.

Comment

The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (0.0968) but below its 50 period moving average (0.0980).

Supports and resistances

0.1037 **

0.1025 *

0.1012 **

0.0999

0.0974 last

0.0963

0.0955 **

0.0934 *

0.0921 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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