Litecoin Intraday: our next up target stands at 59.3
Litecoin (LTC/USD)
-1.29-2.27%
our next up target stands at 59.3.
Our pivot point stands at 55.6.
Our preference: our next up target stands at 59.3.
Alternative scenario: below 55.6, expect 54.3 and 53.5.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 56.5 and 56.5).
Supports and resistances:
60.9 **
60.1 *
59.3 **
58.5
56.7 last
56.2
55.6 **
54.3 *
53.5 **
Our preference: our next up target stands at 59.3.
Alternative scenario: below 55.6, expect 54.3 and 53.5.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 56.5 and 56.5).
Supports and resistances:
60.9 **
60.1 *
59.3 **
58.5
56.7 last
56.2
55.6 **
54.3 *
53.5 **
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
