Litecoin Intraday: rebound towards 107.7
Dec 26, 2024 8:51 PM
rebound towards 107.7.
Our pivot point is at 99.2.
Our preference:
rebound towards 107.7.
Alternative scenario:
the downside breakout of 99.2 would call for 96 and 94.1.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 102.8 and 105.5).
Supports and resistances:
111.5 **
109.6 *
107.7 **
105.8
101.8 last
100.5
99.2 **
96.0 *
94.1 **
Our preference:
rebound towards 107.7.
Alternative scenario:
the downside breakout of 99.2 would call for 96 and 94.1.
Comment:
the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 102.8 and 105.5).
Supports and resistances:
111.5 **
109.6 *
107.7 **
105.8
101.8 last
100.5
99.2 **
96.0 *
94.1 **
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.
Related Instruments
Litecoin
100.30
-1.36
-1.34%