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Litecoin Intraday: as long as 63.9 is support look for 67.4

Sep 19, 2024 6:48 AM
as long as 63.9 is support look for 67.4.
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63.9 is our pivot point.
Our preference:
as long as 63.9 is support look for 67.4.
Alternative scenario:
the downside breakout of 63.9 would call for 62.5 and 61.8.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 64.8 and 64.1).
Supports and resistances:
69.0 **
68.2 *
67.4 **
66.6
65.0 last
64.4
63.9 **
62.5 *
61.8 **
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.

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Litecoin
64.83
-0.20
-0.31%