REDATOR Ben Graham Posted January 9 REDATOR Report Share Posted January 9 [Litecoin] Although RSI(14) is in Neutral-Bullish, but with both EMAs which still form a Death Cross, indicating that sellers remain quite dominant in Litecoin. Key Levels1. Resistance. 2 : 83.422. Resistance. 1 : 82.333. Pivot : 81.114. Support. 1 : 80.025. Support. 2 : 78.80Tactical ScenarioPressure Zone: If the price breaks down below 80.02, there is potential pressure toward 78.80.Momentum Extension Bias: If 78.80 is broken, Litecoin could test 77.71. Invalidation Level / Bias RevisionThe downside bias is restrained if Litecoin strengthens until it breaks and closes above 83.42. Technical SummaryEMA(50) : 81.28EMA(200): 81.80RSI(14) : 51.01Economic News Release Agenda:Tonight, when the U.S. session opens, the following economic data will be released:US - Average Hourly Earnings m/m - 20:30 WIBUS - Non-Farm Employment Change - 20:30 WIBUS - Unemployment Rate - 20:30 WIBUS - Building Permits - 20:30 WIBUS - Housing Starts - 20:30 WIBUS - Prelim UoM Consumer Sentiment - 22:00 WIBUS - Prelim UoM Inflation Expectations - 22:00 WIBThe material has been provided by InstaForex Company - www.instaforex.com Visitante_60ecd567 1 1 Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Liked! × 💬 Did you like this content? Your feedback is very important! Liked! Perfect! Thanks! Love it! Haha Confused :/ Oush! Wow! Quote Link to comment Share on other sites More sharing options...
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