Stellar / Dollar may fall to 0.0946 - 0.0955

Our pivot point stands at 0.0993.

Our preference

The downside prevails as long as 0.0993 is resistance.

Alternative scenario

Above 0.0993, look for 0.1008 and 0.1017.

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 0.0984 and 0.0981). Finally, the Stellar / Dollar is trading below its lower Bollinger band (standing at 0.0975).

Supports and resistances

0.1017 **

0.1008 *

0.0993 **

0.0987

0.0974 last

0.0955

0.0946 **

0.0937 *

0.0928 **

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