Litecoin LTC/USD is trading at the level of 102. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Litecoin. Ichimoku Kinko Hyo signal line area test is near the 100 level, from which it is expected to rebound and try to continue the growth of LTC/USD for a level above 110.
Litecoin forecast & analysis LTC/USD on December 4, 2017
Earlier, a strong signal was received for buy of Litecoin cryptocurrency, by crossing the signal lines at level 87. 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 85, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 105.
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