Litecoin Intraday: Watch 44.3
Litecoin (LTC/USD)
+0.16+0.36%
The downside prevails as long as 45.7 is resistance, with 44.3 and 43.9 as targets
Our pivot point is at 45.7.
Our preference: The downside prevails as long as 45.7 is resistance, with 44.3 and 43.9 as targets
Alternative scenario: above 45.7, look for 46.3 and 46.6.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (44.9) but below its 50 period moving average (45.1).
Supports and resistances:
46.6 **
46.3 *
45.7 **
45.0 last
44.3
43.9 **
43.5 *
Our preference: The downside prevails as long as 45.7 is resistance, with 44.3 and 43.9 as targets
Alternative scenario: above 45.7, look for 46.3 and 46.6.
Comment: The MACD is above its signal line and negative. The price stands above its 20 period moving average (44.9) but below its 50 period moving average (45.1).
Supports and resistances:
46.6 **
46.3 *
45.7 **
45.0 last
44.3
43.9 **
43.5 *
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