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Midday update for Litecoin 28-03-2018
Litecoin price shows calm trades now to test the EMA50, noticing that stochastic shows clear overbought signals now, to form negative factor that we are waiting to push the price to resume the main bearish trend, which its next target located at 120.00.
Therefore, we will continue to suggest the bearish trend for today unless breaching 156.51 level and holding above it.
Expected trading range for today is between 100.00 support and 150.00 resistance
Expected trend for today: Bearish
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Midday update for Ripple 28-03-2018
Ripple price tests the bearish channel’s resistance that appears on the chart, accompanied by stochastic losing the positive momentum clearly, while the EMA50 meets the mentioned resistance to add more strength to it.
MoreMidday update for Ethereum 28-03-2018
Ethereum price keeps its stability below the bearish channel’s resistance, to keep the bearish trend scenario active until now, supported by the negative pressure formed by the EMA50, waiting to head towards 310.00 as a next main station, while the expected decline will remain valid unless breaching 565.54 level and holding above it.
MoreMidday update for bitcoin 28-03-2018
Bitcoin price shows positive trading now to approach retesting the previously broken neckline of the minor double top pattern, accompanied by stochastic approach to the overbought areas, which forms negative factor that we are waiting to push the price to rebound bearishly and resume the bearish trend again.
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