Litecoin Intraday: the upside prevails as long as 76.5 is support
Litecoin (LTC/USD)
+0.66+0.84%
the upside prevails as long as 76.5 is support.
Our pivot point stands at 76.5.
Our preference: the upside prevails as long as 76.5 is support.
Alternative scenario: the downside breakout of 76.5 would call for 74.1 and 72.6.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 77.9 and 76.8).
Supports and resistances:
86.0 **
84.6 *
83.1 **
81.6
78.6 last
77.5
76.5 **
74.1 *
72.6 **
Our preference: the upside prevails as long as 76.5 is support.
Alternative scenario: the downside breakout of 76.5 would call for 74.1 and 72.6.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 77.9 and 76.8).
Supports and resistances:
86.0 **
84.6 *
83.1 **
81.6
78.6 last
77.5
76.5 **
74.1 *
72.6 **
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