Litecoin price resumes the decline – Analysis - 11-12-2018

Economies.com
2018-12-11 05:28AM UTC

Litecoin price provided negative trades yesterday after testing 26.30 level, moving within short term bearish channel that appears on the chart, which reinforces the chances of continuing the bearish trend in the upcoming sessions, as our next target is located at 20.00, while holding below 27.00 represents initial condition to continue the suggested decline.

 

Expected trading range for today is between 20.00 support and 27.00 resistance

Expected trend for today: Bearish

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