Litecoin price loses momentum – Analysis - 16 July, 2019

Ebitcoinics Analytics   16 Jul, 2019   www.economies.com   Views: 276

Litecoin price begins today’s trading with bearish bias to approach 84.60 level, motivated by the negative overlapping signal that appears through stochastic, waiting to break the mentioned level to open the way to visit 70.00 level as a next station.

 

Therefore, we will keep our bearish overview conditioned by the price stability below 99.20.

 

The expected trading range for today is between 75.00 support and 99.20 resistance

The expected trend for today: Bearish


NB:


This analysis is for information purposes only and does not constitute a trade signal



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