Litecoin Intraday: the upside prevails as long as 106 is support
Dec 25, 2024 8:51 PM
the upside prevails as long as 106 is support.
Our pivot point stands at 106.0.
Our preference:
the upside prevails as long as 106 is support.
Alternative scenario:
the downside breakout of 106 would call for 102.6 and 100.5.
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 108.7 and 108.4).
Supports and resistances:
119.4 **
117.3 *
115.3 **
113.2
108.8 last
107.3
106.0 **
102.6 *
100.5 **
Our preference:
the upside prevails as long as 106 is support.
Alternative scenario:
the downside breakout of 106 would call for 102.6 and 100.5.
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 108.7 and 108.4).
Supports and resistances:
119.4 **
117.3 *
115.3 **
113.2
108.8 last
107.3
106.0 **
102.6 *
100.5 **
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Litecoin
100.53
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