Litecoin price tests the support – Analysis - 11-10-2018

Litecoin price shows clear negative trading to test the key support 50.00, and as we mentioned in our recent reports, this level represents one of the next trend keys besides 62.00 resistance, as the price needs to breach one of them to detect its next targets clearly.

Therefore, we will continue with our neutrality until we get clearer signal for the next trend, while the details of the expected targets after breaching the mentioned levels are explained in our previous report.

Expected trading range for today is between 45.00 support and 60.00 resistance

Expected trend for today: Neutral