Litecoin Intraday: as long as 77.3 is support look for 81.7
Litecoin (LTC/USD)
+0.65+0.85%
as long as 77.3 is support look for 81.7.
Our pivot point stands at 77.3.
Our preference: as long as 77.3 is support look for 81.7.
Alternative scenario: below 77.3, expect 75.8 and 74.9.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (78.7) but above its 50 period moving average (77.9).
Supports and resistances:
83.5 **
82.6 *
81.7 **
80.8
78.5 last
77.9
77.3 **
75.8 *
74.9 **
Our preference: as long as 77.3 is support look for 81.7.
Alternative scenario: below 77.3, expect 75.8 and 74.9.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (78.7) but above its 50 period moving average (77.9).
Supports and resistances:
83.5 **
82.6 *
81.7 **
80.8
78.5 last
77.9
77.3 **
75.8 *
74.9 **
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