Litecoin / Dollar intraday: the downside prevails as long as 130.4 is resistance

130.4 is our pivot point.

Our preference: the downside prevails as long as 130.4 is resistance.

Alternative scenario: above 130.4, look for 134.4 and 136.8.

Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 128.2 and 128.9).

Supports and resistances:

136.8 **

134.4 *

130.4 **

128.9

127.3 last

122.1

119.8 **