Litecoin Intraday: as long as 117 is support look for 126.6
Jan 16, 2025 2:03 PM
as long as 117 is support look for 126.6.
Our pivot point stands at 117.0.
Our preference:
as long as 117 is support look for 126.6.
Alternative scenario:
below 117.0, expect 113.2 and 111.0.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 119.2 and 113.8).
Supports and resistances:
131.1 **
128.9 *
126.6 **
124.4
119.9 last
118.5
117.0 **
113.2 *
111.0 **
Our preference:
as long as 117 is support look for 126.6.
Alternative scenario:
below 117.0, expect 113.2 and 111.0.
Comment:
the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 119.2 and 113.8).
Supports and resistances:
131.1 **
128.9 *
126.6 **
124.4
119.9 last
118.5
117.0 **
113.2 *
111.0 **
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.
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Litecoin
115.40
-1.76
-1.50%