Litecoin Intraday: as long as 123.1 is support look for 134.7
Jan 16, 2025 8:51 PM
as long as 123.1 is support look for 134.7.
Our pivot point is at 123.1.
Our preference:
as long as 123.1 is support look for 134.7.
Alternative scenario:
the downside breakout of 123.1 would call for 119.2 and 116.8.
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 124 and 119.3).
Supports and resistances:
139.5 **
137.1 *
134.7 **
132.3
127.0 last
124.7
123.1 **
119.2 *
116.8 **
Our preference:
as long as 123.1 is support look for 134.7.
Alternative scenario:
the downside breakout of 123.1 would call for 119.2 and 116.8.
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 124 and 119.3).
Supports and resistances:
139.5 **
137.1 *
134.7 **
132.3
127.0 last
124.7
123.1 **
119.2 *
116.8 **
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Litecoin
122.88
-0.41
-0.33%