Litecoin forecast & analysis LTC/USD on December 20, 2017


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Litecoin LTC/USD is trading at 322. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 300 is expected to be tested near the level of 300, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above 445.

Litecoin forecast & analysis LTC/USD on December 20, 2017

Litecoin forecast & analysis LTC/USD on December 20, 2017

Earlier, a strong signal was received for buy of Litecoin cryptocurrency, by crossing signal lines at level 297. Canceling option the growth of Litecoin will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 240, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the LTC/USD cryptocurrency with a level breakdown of 380.


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