Litecoin LTC/USD is trading at the level of 97. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 95 is expected to be tested near the level 95, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 115.
Litecoin forecast & analysis LTC/USD on December 9, 2017
Earlier, a weak signal was received for the sell of Litecoin cryptocurrency, by crossing the signal lines at level 100. 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 the breakdown of the upper limit of the model «Triangle» and closing above the level of 103.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
