Litecoin price approaches the target – Analysis - 20-04-2018

Litecoin price provides more positive trading to reach the thresholds of the main waited target at 156.51, noticing that the price continues to move inside the minor bullish channel, getting continuous positive support by the EMA50, which supports the chances of breaching the mentioned level followed by opening the way to extend gains on the short term basis.

Therefore, the bullish trend will remain dominant unless breaking 134.00 level and holding below it.

Expected trading range for today is between 140.00 support and 160.00 resistance

Expected trend for today: Bullish