Midday update for Litecoin 09-08-2018

Economies.com
2018-08-09 09:22AM UTC

Litecoin price crawls negatively to move at our first target at 60.00, and the EMA50 continues to press negatively on the price to support the continuation of moving inside the bearish channel that appears on the chart, waiting to surpass the mentioned level to confirm opening the way to head towards 50.00 that represents our next main station, reminding you that holding below 76.00 is important to continue the expected decline.

 

Expected trading range for today is between 55.00 support and 68.00 resistance

Expected trend for today: Bearish

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