Litecoin / Dollar intraday: the downside prevails as long as 196.60 is resistance
Our pivot point stands at 196.60.
Our preference: the downside prevails as long as 196.60 is resistance.
Alternative scenario: above 196.60, look for 204.60 and 209.30.
Comment: the RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 197.60 and 203.50).
Supports and resistances:
209.30 **
204.60 *
196.60 **
193.50
187.30 last
176.10
171.50 **

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