Litecoin Intraday: rebound towards 84.7
Litecoin (LTC/USD)
+1.64+2.06%
rebound towards 84.7.
Our pivot point stands at 78.1.
Our preference: rebound towards 84.7.
Alternative scenario: the downside breakout of 78.1 would call for 75.6 and 74.1.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 80.4 and 81.2).
Supports and resistances:
87.7 **
86.2 *
84.7 **
83.2
80.2 last
79.1
78.1 **
75.6 *
74.1 **
Our preference: rebound towards 84.7.
Alternative scenario: the downside breakout of 78.1 would call for 75.6 and 74.1.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 80.4 and 81.2).
Supports and resistances:
87.7 **
86.2 *
84.7 **
83.2
80.2 last
79.1
78.1 **
75.6 *
74.1 **
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