Litecoin price faces solid support – Analysis - 18-10-2019
Economies.com
2019-10-18 05:11AM UTC
Litecoin price attempted to break 52.00 level without managing to hold below it, to test the EMA50 now, noticing that stochastic loses its positive momentum to show clear overbought signals now, which supports the chances of resuming the negative attempts to break the mentioned level and open the way to head towards 40.50 that represents our next main target.
Therefore, we will keep our bearish overview conditioned by the price stability below 55.80.
The expected trading range for today is between 47.00 support and 56.00 resistance
The expected trend for today: Bearish
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