Litecoin LTC/USD is trading at the level of 195. The cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend for Litecoin. The test area of Ichimoku Kinko Hyo signal lines near the level of 180 is expected, from which we should expect a rebound and an attempt to continue the growth of LTC / USD with the goal above the level of 235.
Litecoin forecast & analysis LTC/USD on February 15, 2018
An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the channel. Earlier, a strong signal was received for buy of Litecoin cryptocurrency, due to the crossing of signal lines at level 145. Cancellation of the Litecoin growth option will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 145, which will indicate a shift in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations LTC/USD stands with a breakdown of the upper border of the channel and closing above 220.a
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