Litecoin price resumes the decline – Analysis - 05-12-2018

Economies.com
2018-12-05 05:20AM UTC

Litecoin price returns to decline after facing the EMA50 yesterday, to continue moving inside the bearish channel that appears on the chart, waiting for more decline in the upcoming sessions, as our next target is located at 25.00.

 

The bearish channel organizes the suggested bearish wave, which its continuation conditions holding below 33.40.

 

Expected trading range for today is between 25.00 support and 33.40 resistance

Expected trend for today: Bearish

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