Litecoin LTC/USD is trading at 40.11. Cryptocurrency continues to trade below the lower boundary of the Cloud Ichimoku Kinko Hyo, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 42 is expected to be tested near the level of 42, from which one should expect an attempt to fall and develop a bearish trend over LTC/USD with a view to lower near level 35.
Litecoin forecast & analysis LTC/USD on July 30, 2017
Earlier, a weak signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at level 44 The cancellation of the Litecoin quotation drop will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 45, which indicates a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotations for LTC/USD is with the breakdown of the local minimum area at level 37.
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