Litecoin Intraday: the downside prevails as long as 64.3 is resistance
Sep 18, 2024 1:03 PM
the downside prevails as long as 64.3 is resistance.
Our pivot point stands at 64.3.
Our preference:
the downside prevails as long as 64.3 is resistance.
Alternative scenario:
above 64.3, look for 65.6 and 66.4.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63.7 and 63.6).
Supports and resistances:
66.4 **
65.6 *
64.3 **
63.8
63.3 last
61.8
61.0 **
60.2 *
59.5 **
Our preference:
the downside prevails as long as 64.3 is resistance.
Alternative scenario:
above 64.3, look for 65.6 and 66.4.
Comment:
the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 63.7 and 63.6).
Supports and resistances:
66.4 **
65.6 *
64.3 **
63.8
63.3 last
61.8
61.0 **
60.2 *
59.5 **
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Related Instruments
Litecoin
64.87
-0.16
-0.25%