No news for Litecoin price – Analysis - 17-10-2018

Litecoin price did not show any strong move in the previous days, to continue fluctuating around the EMA50, keeping its stability below it, which keeps the bearish trend scenario valid as it is without any change for the upcoming period, waiting to break 50.00 to confirm extending the bearish wave towards 40.00 as a next station, reminding you that it is important to hold below 56.80 to achieve the suggested targets.

Expected trading range for today is between 45.00 support and 56.00 resistance

Expected trend for today: Bearish