Litecoin price hits the target – Analysis - 14-08-2018
Economies.com
2018-08-14 04:18AM UTC
Litecoin price succeeded to achieve our waited target at 50.00, moving freely inside the bearish channel that appears on the above chart, which hints that the price has more negative targets to achieve, as the next station reaches 40.00.
Therefore, the bearish trend will remain dominant in the upcoming period supported by the negative pressure formed by the EMA50, unless breaching 68.00 level and holding above it.
Expected trading range for today is between 40.00 support and 55.00 resistance
Expected trend for today: Bearish
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