Litecoin price begins to decline – Analysis - 20-08-2019
Economies.com
2019-08-20 05:06AM UTC
Litecoin price begins providing negative trading after testing the minor bearish channel that appears in the image, and it is under continuous negative pressure that comes from the EMA50, waiting for more of the downside moves in the upcoming sessions.
Therefore, we will keep preferring the bearish trend conditioned by holding below 84.60 level, pointing that our expected main target begin at 70.00 then 52.00.
The expected trading range for today is between 65.00 support and 80.00 resistance
The expected trend for today: Bearish
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