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Litecoin price declines calmly – Analysis - 12-09-2019
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
Ethereum price around the resistance – Analysis - 12-09-2019
The tight range keeps dominating Ethereum price trades, which hovers around the bearish channel’s resistance, thus, no change to the bearish trend scenario that depends on the price stability below 189.90, while our next main target is located at 149.10.
MoreBitcoin price tests the channel’s resistance – Analysis - 12-09-2019
Bitcoin price provided positive trading to test the intraday bearish channel’s resistance that appears on the chart, and the EMA50 meets this resistance to add more strength to it, while stochastic reaches the overbought areas.
MoreThe USDCHF rises calmly – Analysis - 12-09-2019
The USDCHF pair shows calm positive trades to crawl gradually towards our waited target at 0.9990, thus, the bullish trend scenario will remain valid and active in the upcoming sessions, supported by the EMA50, reminding you that it is important to hold above 0.9836 to continue the expected rise.
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