Litecoin price shows some bullish bias to test the EMA50, accompanied by stochastic loss to the positive momentum clearly and reaching the overbought areas, waiting to motivate the price to resume the expected bullish trend for the upcoming period, which hits targets begin by breaking 75.25 level to confirm extending the bearish wave towards 69.43 followed by 60.00.
Holding below 84.65 is important to continue the expected decline, as breaching it will lead the price to achieve gains that start at 90.47.
The expected trading range for today is between 70.00 support and 84.65 resistance
The expected trend for today: Bearish