Litecoin Intraday: rebound towards 86.7
Litecoin (LTC/USD)
-1.36-1.22%
rebound towards 86.7.
Our pivot point is at 80.0.
Our preference: rebound towards 86.7.
Alternative scenario: below 80.0, expect 77.4 and 75.9.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 82.6 and 83.6).
Supports and resistances:
89.8 **
88.3 *
86.7 **
85.2
81.9 last
80.9
80.0 **
77.4 *
75.9 **
Our preference: rebound towards 86.7.
Alternative scenario: below 80.0, expect 77.4 and 75.9.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 82.6 and 83.6).
Supports and resistances:
89.8 **
88.3 *
86.7 **
85.2
81.9 last
80.9
80.0 **
77.4 *
75.9 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
