Litecoin LTC/USD is trading at the level of 45.98. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. The drop in LTC/USD quotations and the Ichimoku Kinko Hyo cloud upper limit test near the 45 level are expected, from which one should expect an attempt of growth and further development of the bullish trend with a target to growth near the level of 50.
Litecoin forecast & analysis LTC/USD on August 13, 2017
Earlier, a weak signal was received for sales of Litecoin cryptocurrency, At level 47. Cancellation of the growth option for Litecoin quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 44, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for LTC/USD is with the breakdown of the area at 49.
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