Our pivot point stands at 73.9.
Our preference: the upside prevails as long as 73.9 is support.
Alternative scenario: the downside breakout of 73.9 would call for 72.9 and 72.2.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 74.5 and 74.7). Finally, the Litecoin / Dollar has crossed above its upper Bollinger band (74.9).
Supports and resistances:
78.2 **
77.6 *
76.9 **
76.3
75.0 last
74.4
73.9 **
72.9 *
72.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-02-2024 at 09:42 UTC+1
Price reference: 75.0 last known on 07-02-2024 at 09:42 UTC+1
Investment horizon: INTRADAY
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