Litecoin / Dollar intraday: rebound towards 90.2

Limited Increase
u
1675394736408
LTCUSD+0%
2024-11-20 02:05Source:TC

Our pivot point stands at 84.8.

Our preference: rebound towards 90.2.

Alternative scenario: below 84.8, expect 82.7 and 81.5.

Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 86.8 and 87.8).

Supports and resistances:

92.7 **

91.4 *

90.2 **

89.0

86.4 last

85.6

84.8 **

82.7 *

81.5 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 11-20-2024 at 02:05 UTC+1

Price reference: 86.4 last known on 11-20-2024 at 02:05 UTC+1

Investment horizon: INTRADAY

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