Litecoin price crawls downwards calmly to approach our first waited target at 156.51, to keep the bearish trend active for the rest of the day, which its continuation conditions holding below 198.26, noting that the EMA50 supports the expected decline that its targets extend to reach 89.02 after surpassing the first target.
Expected trading range for today is between 140.00 support and 200.00 resistance
Expected trend for today: Bearish