Litecoin price shows bullish bias to approach retesting the previously broken support of the bullish channel that appears on the above chart, accompanied by stochastic losing the positive momentum and entering the overbought areas, waiting to motivate the price to turn back to decline again, reminding you that our next target is located at 27.45.
Note that the continuation of the expected bearish wave conditions holding below 34.45.
Expected trading range for today is between 27.45 support and 34.45 resistance
Expected trend for today: Bearish