Litecoin Intraday: the downside prevails as long as 115.3 is resistance
Litecoin (LTC/USD)
-0.34-0.30%
the downside prevails as long as 115.3 is resistance.
115.3 is our pivot point.
Our preference: the downside prevails as long as 115.3 is resistance.
Alternative scenario: above 115.3, look for 118 and 119.6.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113.8 and 114.2).
Supports and resistances:
119.6 **
118.0 *
115.3 **
114.2
113.1 last
109.8
108.2 **
106.6 *
105.0 **
Our preference: the downside prevails as long as 115.3 is resistance.
Alternative scenario: above 115.3, look for 118 and 119.6.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 113.8 and 114.2).
Supports and resistances:
119.6 **
118.0 *
115.3 **
114.2
113.1 last
109.8
108.2 **
106.6 *
105.0 **
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