Litecoin Intraday: above its upper Bollinger band
Litecoin (LTC/USD)
+0.12+0.11%
the upside prevails as long as 106 is support.
Our pivot point stands at 106.0.
Our preference: the upside prevails as long as 106 is support.
Alternative scenario: below 106.0, expect 102.6 and 100.6.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108.2 and 108.3). Finally, the Litecoin / Dollar is trading above its upper Bollinger band (standing at 109.0).
Supports and resistances:
119.3 **
117.3 *
115.2 **
113.2
109.1 last
107.4
106.0 **
102.6 *
100.6 **
Our preference: the upside prevails as long as 106 is support.
Alternative scenario: below 106.0, expect 102.6 and 100.6.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 108.2 and 108.3). Finally, the Litecoin / Dollar is trading above its upper Bollinger band (standing at 109.0).
Supports and resistances:
119.3 **
117.3 *
115.2 **
113.2
109.1 last
107.4
106.0 **
102.6 *
100.6 **
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