Litecoin price approaches the target – Analysis - 12-12-2018
Economies.com
2018-12-12 05:22AM UTC
Litecoin price continues to decline to gradually approach our waited target at 20.00, organized inside the bearish channel that appears on the chart, noticing that the EMA50 continues to protect trading inside this channel, waiting for more decline on the short term basis.
Breaking the targeted level will push the price towards 13.00 as a next main station, while holding below 26.00 represents key condition to continue the expected decline.
Expected trading range for today is between 20.00 support and 26.00 resistance
Expected trend for today: Bearish
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