Litecoin forecast & analysis LTC/USD May 15, 2018


Litecoin LTC/USD is trading at 145. The cryptocurrency is traded below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the 150 level, from which one should expect a rebound and an attempt to continue falling LTC/USD with a target below the level of 120.

Litecoin forecast & analysis LTC/USD May 15, 2018

An additional signal in favor of the fall of the cryptocurrency will be a test of the resistance area. Earlier, we received a weak signal for sell of Litecoin cryptocurrency, due to the crossing of signal lines at level 168.

Litecoin forecast & analysis LTC/USD May 15, 2018

The abolition of the Litecoin crypto currency drop option will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of ​​160, which indicates a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotes LTC/USD stands with the breakdown of the support area and closing below the level of 130.


Join our Telegram Channel


Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link

Post Comment