Litecoin / Dollar intraday: rebound towards 189.10
Our pivot point stands at 162.80.
Our preference: rebound towards 189.10.
Alternative scenario: below 162.80, expect 155.80 and 151.60.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 173.80 and 188.80).
Supports and resistances:
197.90 **
193.50 *
189.10 **
184.70
168.78 last
165.60
162.80 **

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