Litecoin LTC/USD is trading at the level of 307. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo signal line area test is near the 285 level, from which one should expect a rebound and an attempt to continue LTC/USD growth with a target higher than 410.
Litecoin forecast & analysis LTC/USD on December 18, 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 230, 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 is worth a breakdown of the level of 330.
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