Litecoin Intraday: as long as 55.6 is support look for 59.1
Litecoin (LTC/USD)
-0.62-1.09%
as long as 55.6 is support look for 59.1.
Our pivot point stands at 55.6.
Our preference: as long as 55.6 is support look for 59.1.
Alternative scenario: below 55.6, expect 54.3 and 53.5.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (56.9) but above its 50 period moving average (56.3).
Supports and resistances:
60.7 **
59.9 *
59.1 **
58.3
56.7 last
56.1
55.6 **
54.3 *
53.5 **
Our preference: as long as 55.6 is support look for 59.1.
Alternative scenario: below 55.6, expect 54.3 and 53.5.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading under its 20 period moving average (56.9) but above its 50 period moving average (56.3).
Supports and resistances:
60.7 **
59.9 *
59.1 **
58.3
56.7 last
56.1
55.6 **
54.3 *
53.5 **
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