Litecoin price below the moving average – Analysis - 13-03-2018
Economies.com
2018-03-13 05:08AM UTC
Litecoin price resumed its negative trading after approaching 198.26 level in the previous sessions, to keep the bearish trend scenario valid and active in the upcoming period, and the way is open to visit 156.51 level that represents our first main target, supported by moving below the EMA50.
We remind you that breaking the targeted level will extend the bearish wave towards 120.00 as a next station, while holding below 198.26 represents the first condition to continue the expected decline.
Expected trading range for today is between 150.00 support and 210.00 resistance
Expected trend for today: Bearish
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