Litecoin price attacks the resistance – Analysis - 02-01-2019
Economies.com
2019-01-02 04:52AM UTC
Litecoin price tests the bearish channel’s resistance that appears on the chart and attempts to breach it, noticing that stochastic shows clear overbought signals now, which supports the chances of bouncing bearishly to resume the expected bearish bias for the upcoming period, which targets 29.43 followed by 27.74 levels, taking into consideration that breaching 33.20 will stop the expected decline and lead the price to turn to rise.
Expected trading range for today is between 24.00 support and 33.20 resistance
Expected trend for today: Bearish
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