Litecoin / Dollar intraday: our next up target sta

Litecoin / Dollar intraday: our next up target stands at 151.50

LTCUSD

Trading Central 2021-01-13 01:10:08

Our pivot point stands at 135.70.

Our preference: our next up target stands at 151.50.

Alternative scenario: the downside breakout of 135.70 would call for 129.80 and 126.30.

Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 138.60 and 135.90).

Supports and resistances:

158.50 **

155.00 *

151.50 **

148.00

140.28 last

138.00

135.70 **

Disclaimer

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.