Litecoin Intraday: above its upper Bollinger band
Nov 21, 2024 5:05 AM
the upside prevails as long as 84.6 is support.
Our pivot point is at 84.6.
Our preference:
the upside prevails as long as 84.6 is support.
Alternative scenario:
below 84.6, expect 82.6 and 81.3.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84.3 and 85.1). Finally, the Litecoin / Dollar has crossed above its upper Bollinger band (86.4).
Supports and resistances:
93.1 **
91.8 *
90.6 **
89.4
86.9 last
85.4
84.6 **
82.6 *
81.3 **
Our preference:
the upside prevails as long as 84.6 is support.
Alternative scenario:
below 84.6, expect 82.6 and 81.3.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 84.3 and 85.1). Finally, the Litecoin / Dollar has crossed above its upper Bollinger band (86.4).
Supports and resistances:
93.1 **
91.8 *
90.6 **
89.4
86.9 last
85.4
84.6 **
82.6 *
81.3 **
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