Mid-day update for the price of litecoin 08-02-2018

 The liqueur is hovering around the SMA 50 and maintains its stability below 156.51 pivotal resistance. Therefore, the bearish scenario will remain valid for today, noting that Stochastic is clearly losing its bullish momentum to reach the oversold areas, Coming in, with the reminder that our next target is at 89.02.

The trading range for today is expected among the support at 100.00 and the resistance at 160.00

The general trend for today is bearish