Litecoin price declines calmly – Analysis - 12-09-2019

Economies.com
2019-09-12 05:15AM UTC

Litecoin price settled below 70.00, to activate the bearish trend scenario again, and the price needs to surpass the EMA50 to confirm the continuation of the bearish bias in the upcoming sessions, paving the way to head towards 52.00 level as a next main target.

 

Therefore, the bearish trend will be expected for today unless breaching 70.00 followed by 72.40 levels and holding above them.

 

The expected trading range for today is between 60.00 support and 72.40 resistance

The expected trend for today: Bearish

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