Litecoin Intraday: the downside prevails as long as 109.3 is resistance
Dec 26, 2024 7:51 AM
the downside prevails as long as 109.3 is resistance.
Our pivot point is at 109.3.
Our preference:
the downside prevails as long as 109.3 is resistance.
Alternative scenario:
above 109.3, look for 112.7 and 114.7.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 108.1 and 108.4).
Supports and resistances:
114.7 **
112.7 *
109.3 **
108.0
106.5 last
102.1
100.1 **
98.2 *
96.2 **
Our preference:
the downside prevails as long as 109.3 is resistance.
Alternative scenario:
above 109.3, look for 112.7 and 114.7.
Comment:
the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 108.1 and 108.4).
Supports and resistances:
114.7 **
112.7 *
109.3 **
108.0
106.5 last
102.1
100.1 **
98.2 *
96.2 **
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Litecoin
102.20
0.54
+0.53%