Litecoin Intraday: the upside prevails as long as 85.9 is support
Apr 26, 2024 19:55
Litecoin (LTC/USD)
0.95+1.18%
the upside prevails as long as 85.9 is support.
Our pivot point stands at 85.9.
Our preference: the upside prevails as long as 85.9 is support.
Alternative scenario: below 85.9, expect 83.1 and 81.5.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 87 and 85.7).
Supports and resistances:
96.6 **
94.9 *
93.3 **
91.6
88.2 last
87.0
85.9 **
83.1 *
81.5 **
Our preference: the upside prevails as long as 85.9 is support.
Alternative scenario: below 85.9, expect 83.1 and 81.5.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 87 and 85.7).
Supports and resistances:
96.6 **
94.9 *
93.3 **
91.6
88.2 last
87.0
85.9 **
83.1 *
81.5 **
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