Litecoin Intraday: the upside prevails as long as 76.8 is support
Litecoin (LTC/USD)
-0.74-0.99%
the upside prevails as long as 76.8 is support.
76.8 is our pivot point.
Our preference: the upside prevails as long as 76.8 is support.
Alternative scenario: below 76.8, expect 74.4 and 72.9.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 78.4 and 78.5).
Supports and resistances:
86.2 **
84.8 *
83.3 **
81.8
78.9 last
77.8
76.8 **
74.4 *
72.9 **
Our preference: the upside prevails as long as 76.8 is support.
Alternative scenario: below 76.8, expect 74.4 and 72.9.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 78.4 and 78.5).
Supports and resistances:
86.2 **
84.8 *
83.3 **
81.8
78.9 last
77.8
76.8 **
74.4 *
72.9 **
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