Litecoin Intraday: as long as 105.7 is support look for 114.5
Litecoin (LTC/USD)
+0.37+0.34%
as long as 105.7 is support look for 114.5.
Our pivot point is at 105.7.
Our preference: as long as 105.7 is support look for 114.5.
Alternative scenario: below 105.7, expect 102.3 and 100.2.
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 108.1 and 107.9).
Supports and resistances:
118.5 **
116.5 *
114.5 **
112.5
108.4 last
107.0
105.7 **
102.3 *
100.2 **
Our preference: as long as 105.7 is support look for 114.5.
Alternative scenario: below 105.7, expect 102.3 and 100.2.
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 108.1 and 107.9).
Supports and resistances:
118.5 **
116.5 *
114.5 **
112.5
108.4 last
107.0
105.7 **
102.3 *
100.2 **
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