The EMA50 continues to form solid support barrier against Litecoin price’s negative attempts, to start providing positive trades now, expecting to head to resume the main bullish wave in the upcoming sessions, supported by the positive signal provided now by stochastic.
Therefore, the bullish bias will be suggested for today unless breaking 40.30 level and holding below it, noting that our main target is located at 48.20.
The expected trading range for today is between 40.30 support and 48.20 resistance
The expected trend for today: Bullish