Litecoin / Dollar intraday: the upside prevails as long as 64.9 is support

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u
1675394736408
LTCUSD+0%
2024-09-20 06:05Source:TC

Our pivot point is at 64.9.

Our preference: the upside prevails as long as 64.9 is support.

Alternative scenario: below 64.9, expect 63.5 and 62.7.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 65.5 and 65.4).

Supports and resistances:

70.0 **

69.2 *

68.4 **

67.6

66.0 last

65.4

64.9 **

63.5 *

62.7 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 09-20-2024 at 06:05 UTC+1

Price reference: 66.0 last known on 09-20-2024 at 06:05 UTC+1

Investment horizon: INTRADAY

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