LTC/USD

The market has been really slow for over a day now, range bound between $304 and $277 for almost a day now, however the market price is still above the moving averages and the EMA 150 has crossed the EMA 200 on the hourly chart though still relatively thin.The market opened above the pivot point for the day and there is still the possibility of price hitting the first resistance at $307 after it has pass today's current high at $304 and if successfully breached the pair can go to another high of $335.
I recommend a buy from today's low at $278 or to the support line at $272 and a take profit at $307 and stop loss at the second suport line of $252.15.

Pivot PointsJan 07, 2018 11:51AM GMT
Name S3 S2 S1 Pivot Points R1 R2 R3
Classic 189.30 217.16 248.28 276.14 307.26 335.12 366.24
Fibonacci 217.16 239.69 253.61 276.14 298.67 312.59 335.12
Camarilla 263.19 268.60 274.00 276.14 284.82 290.22 295.63
Woodie's 190.94 217.98 249.92 276.96 308.90 335.94 367.88
DeMark's - - 262.22 283.11 321.19 - -
Technical IndicatorsJan 07, 2018 11:51AM GMT
Name Value Action
RSI(14) 59.354 Buy
STOCH(9,6) 52.867 Neutral
STOCHRSI(14) 100.000 Overbought
MACD(12,26) 18.270 Buy
ADX(14) 31.979 Buy
Williams %R -19.658 Overbought
CCI(14) 119.5115 Buy
ATR(14) 26.6193 Less Volatility
Highs/Lows(14) 19.7593 Buy
Ultimate Oscillator 58.591 Buy
ROC 2.145 Buy
Bull/Bear Power(13) 41.7580 Buy
Buy: 8 Sell: 0 Neutral: 1
Summary:STRONG BUY