Stellar / Dollar may rise to 0.1005 - 0.1017

Our pivot point stands at 0.0958.

Our preference

As long as 0.0958 is support look for 0.1017.

Alternative scenario

The downside breakout of 0.0958 would call for 0.0937 and 0.0925.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 0.0975 and 0.0968).

Supports and resistances

0.1042 **

0.1030 *

0.1017 **

0.1005

0.0977 last

0.0966

0.0958 **

0.0937 *

0.0925 **

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