Litecoin LTC/USD is trading at the level of 300. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 260 is expected, from which we should expect a rebound and an attempt to continue the growth of LTC/USD with a target above 390.
Litecoin forecast & analysis LTC/USD on December 13, 2017
Earlier, a strong signal was received for buy of Litecoin cryptocurrency, due to intersection of signal lines at level 105. 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 the area of 180, which will indicate a change in the bullish trend in favor of a bearish trend. To expect the acceleration of the growth of the LTC/USD cryptocurrency is worth a breakdown of the level of 325.
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