Litecoin price resumes the decline – Analysis - 13-08-2018
Economies.com
2018-08-13 04:18AM UTC
Litecoin price resumed its negative trading to break 60.00 level and settles below it, which supports the continuation of the bearish overview in the upcoming period, organized inside the bearish channel that appears on the chart, reinforced by stochastic negativity that appears clearly on the four hours’ time frame.
Our next target is located at 50.00, noting that the continuation of the expected decline depends on holding below 70.00.
Expected trading range for today is between 50.00 support and 65.00 resistance
Expected trend for today: Bearish
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