LitecoinShort
Litecoin crosses to the short side
Open Interest - Long: 1.09 Days
Open Interest - Short: 1.17 Days
RSI: Hidden Bullish (1D)
OBV: Rising
VOL: Flat
Price Action: First the first time in 2019, the bearish margin trades have extended above those of the bulls (albeit very slightly). Right now, price is in a slightly dead spot hovering around the $60 position - with next levels of support roughly $7 each side. On the shorter 4H timeframe; a short position here does make sense for a small trade (expecting the middle of the channel to offer support).
Key Resistance: 60.0, 67.0, 72.8 (52w MA)
Key Support: 54.0, 51.5 (28d MA), 48.0, 44.0 (26w MA)
Open Interest - Short: 1.17 Days
RSI: Hidden Bullish (1D)
OBV: Rising
VOL: Flat
Price Action: First the first time in 2019, the bearish margin trades have extended above those of the bulls (albeit very slightly). Right now, price is in a slightly dead spot hovering around the $60 position - with next levels of support roughly $7 each side. On the shorter 4H timeframe; a short position here does make sense for a small trade (expecting the middle of the channel to offer support).
Key Resistance: 60.0, 67.0, 72.8 (52w MA)
Key Support: 54.0, 51.5 (28d MA), 48.0, 44.0 (26w MA)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.