Litecoin / Dollar intraday: the upside prevails as long as 134.50 is support
Our pivot point is at 134.50.
Our preference: the upside prevails as long as 134.50 is support.
Alternative scenario: the downside breakout of 134.50 would call for 128.60 and 125.20.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 138 and 135.60).
Supports and resistances:
157.20 **
153.70 *
150.20 **
146.80
139.28 last
136.70
134.50 **

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