Litecoin price touches the first target – Analysis - 14-01-2019
Economies.com
2019-01-14 05:02AM UTC
Litecoin price resumed its negative trading to touch our first waited target at 30.00 and settles there, and as long as the price is below the bullish channel’s support line, the negative pressure will remain valid for the upcoming period, supported by the EMA50, waiting to head towards 27.45 followed by 22.65 as next main stations.
We should note that breaching 34.15 will stop the expected decline and bring the price back to the bullish channel again.
Expected trading range for today is between 27.45 support and 32.00 resistance
Expected trend for today: Bearish
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