Midday update for Litecoin 17-08-2018
Economies.com
2018-08-17 11:03AM UTC
Litecoin price shows sideways and tight trading since morning, settling below the EMA50, to keep the negative pressure valid for today, supported by stochastic move inside the overbought areas, waiting to rebound bearishly to head towards 40.00 that represents our next main target, while holding below 67.50 represents key condition to continue the expected bearish trend.
Expected trading range for today is between 45.00 support and 60.00 resistance
Expected trend for today: Bearish
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