Litecoin price declines calmly – Analysis - 16-01-2019
Economies.com
2019-01-16 05:26AM UTC
Litecoin price trades with calm negativity to start testing 31.00 barrier, supported by the EMA50 that presses negatively on the price, besides the negative signal that appears clearly through stochastic, waiting to visit 27.45 level initially.
We should note that breaching 32.55 will push the price to test the most important resistance to the short term trades at 35.00 before any new attempt to decline.
Expected trading range for today is between 27.45 support and 32.55 resistance
Expected trend for today: Bearish
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