Litecoin price succeeded to achieve our main target at 25.00 and settles there, starting today with additional bearish bias that supports the chances of extending the bearish wave in the upcoming sessions, waiting to target 20.00 level that represents our next main station.
The EMA50 continues to support the suggested bearish wave, which its continuation conditions holding below 30.40.
Expected trading range for today is between 20.00 support and 30.00 resistance
Expected trend for today: Bearish