Litecoin Intraday: as long as 85.9 is support look for 90.9
Litecoin (LTC/USD)
+1.80+2.06%
as long as 85.9 is support look for 90.9.
Our pivot point is at 85.9.
Our preference: as long as 85.9 is support look for 90.9.
Alternative scenario: the downside breakout of 85.9 would call for 84 and 82.9.
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 87.4 and 85.4).
Supports and resistances:
93.1 **
92.0 *
90.9 **
89.7
87.5 last
86.6
85.9 **
84.0 *
82.9 **
Our preference: as long as 85.9 is support look for 90.9.
Alternative scenario: the downside breakout of 85.9 would call for 84 and 82.9.
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 87.4 and 85.4).
Supports and resistances:
93.1 **
92.0 *
90.9 **
89.7
87.5 last
86.6
85.9 **
84.0 *
82.9 **
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