Litecoin price resumes its negative trading after testing the resistance line that appears on the chart, motivated by stochastic negativity that appears clearly on the four hours’ time frame, waiting to break 29.55 level to ease the mission of heading towards 27.45 that represents our next main target, reminding you that it is important to hold below 33.10 to continue the suggested bearish bias.
Expected trading range for today is between 29.00 support and 33.10 resistance
Expected trend for today: Bearish