Litecoin / Dollar intraday: rebound towards 216.20

LTCUSD

Trading Central 2021-02-23 02:55:11

Our pivot point stands at 191.10.

Our preference: rebound towards 216.20.

Alternative scenario: the downside breakout of 191.10 would call for 182.80 and 177.90.

Comment: the RSI is below its neutrality area at 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 204.90 and 216.70).

Supports and resistances:

226.20 **

221.20 *

216.20 **

211.20

201.05 last

194.30

191.10 **

Disclaimer

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