Litecoin Intraday: our next up target stands at 92.2
Litecoin (LTC/USD)
-0.96-1.10%
our next up target stands at 92.2.
86.0 is our pivot point.
Our preference: our next up target stands at 92.2.
Alternative scenario: the downside breakout of 86 would call for 83.7 and 82.3.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 87.7 and 87.7).
Supports and resistances:
95.0 **
93.6 *
92.2 **
90.8
88.0 last
86.9
86.0 **
83.7 *
82.3 **
Our preference: our next up target stands at 92.2.
Alternative scenario: the downside breakout of 86 would call for 83.7 and 82.3.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 87.7 and 87.7).
Supports and resistances:
95.0 **
93.6 *
92.2 **
90.8
88.0 last
86.9
86.0 **
83.7 *
82.3 **
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.
