Litecoin / Dollar intraday: the upside prevails as

Litecoin / Dollar intraday: the upside prevails as long as 226.70 is support

LTCUSD

Trading Central 2021-02-20 01:50:05

Our pivot point is at 226.70.

Our preference: the upside prevails as long as 226.70 is support.

Alternative scenario: below 226.70, expect 216.90 and 211.00.

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 231.70 and 228.80).

Supports and resistances:

264.90 **

259.00 *

253.10 **

247.30

234.94 last

230.50

226.70 **

Disclaimer

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