Litecoin price resumes the bearish bias – Analysis - 01-02-2019

Economies.com
2019-02-01 05:13AM UTC

Litecoin price continues to decline to gradually approach the key support 29.55, which supports the continuation of our bearish overview, reminding you that breaking the mentioned support will confirm extending the bearish wave to reach 27.45 as a next main target.

 

Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 33.10 level and holding above it.

 

Expected trading range for today is between 27.00 support and 32.00 resistance

Expected trend for today: Bearish

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