Litecoin Intraday: Pivot threshold in sight
Litecoin (LTC/USD)
-0.91-1.28%
The downside prevails as long as 71.5 is resistance, with 68.4 and 67.6 as targets
Our pivot point is at 71.5.
Our preference: The downside prevails as long as 71.5 is resistance, with 68.4 and 67.6 as targets
Alternative scenario: above 71.5, look for 72.8 and 73.5.
Comment: Price is close to our pivot level; this could be the last opportunity for a reversal.
Supports and resistances:
73.5 **
72.8 *
71.5 **
70.8 last
68.4
67.6 **
66.8 *
Our preference: The downside prevails as long as 71.5 is resistance, with 68.4 and 67.6 as targets
Alternative scenario: above 71.5, look for 72.8 and 73.5.
Comment: Price is close to our pivot level; this could be the last opportunity for a reversal.
Supports and resistances:
73.5 **
72.8 *
71.5 **
70.8 last
68.4
67.6 **
66.8 *
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