Litecoin Intraday: as long as 69.9 is support look for 73
Nov 7, 2024 9:54 AM
as long as 69.9 is support look for 73.
Our pivot point is at 69.9.
Our preference:
as long as 69.9 is support look for 73.
Alternative scenario:
below 69.9, expect 68.7 and 68.0.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (71.1) but above its 50 period moving average (70.4).
Supports and resistances:
74.4 **
73.7 *
73.0 **
72.3
70.8 last
70.3
69.9 **
68.7 *
68.0 **
Our preference:
as long as 69.9 is support look for 73.
Alternative scenario:
below 69.9, expect 68.7 and 68.0.
Comment:
the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is below its 20 period moving average (71.1) but above its 50 period moving average (70.4).
Supports and resistances:
74.4 **
73.7 *
73.0 **
72.3
70.8 last
70.3
69.9 **
68.7 *
68.0 **
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