Litecoin price declines again – Analysis - 13-12-2018
Economies.com
2018-12-13 05:06AM UTC
Litecoin price returns to decline after testing the bearish channel’s resistance yesterday, met by the EMA50 to add more strength to it, noticing that stochastic overlaps negatively now.
Therefore, we believe that the chances are valid to continue the bearish trend in the upcoming sessions, which targets 20.00 followed by 13.00 levels mainly, noting that holding below 26.00 is required to achieve the suggested targets.
Expected trading range for today is between 20.00 support and 26.00 resistance
Expected trend for today: Bearish
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