Litecoin LTC/USD is trading at 31.57 and continues to move in the fall. The capitalization of a digital asset at the time of publication of analytics is $1 924 862 427. The cryptocurrency is trading below the lower limit of the Ichimoku Kinko Hyo Cloud. This indicates a downward trend. As part of the Litecoin Forecast and Analysis LTC/USD January 14, 2019, a test of the area of Ichimoku Kinko Hyo signal lines near the level of 32.50 is expected. Where should we expect a rebound and an attempt to continue the fall of LTC/USD with the goal below the level of 26.00.
Litecoin Forecast and Analysis LTC/USD January 14, 2019
An additional signal in favor of the fall of cryptocurrency Litecoin will be the test of the resistance area. As well as a rebound from the lower boundary of the rising channel. Earlier, a weak signal was received for SELL the Litecoin cryptocurrencies. The signal was formed due to the intersection of signal lines at the level of 37.00.
Abolishing the cryptocurrency fall option, Litecoin will break the upper boundary of the Ichimoku Kinko Hyo
Cloud and close below 36.50. This option will indicate a change in the downward trend in favor of the upward trend and continued growth of cryptocurrency. LTC/USD quotes are expected to accelerate with the breakdown of the support area and closing below 31.50.
Litecoin Forecast and Analysis LTC/USD January 14, 2019 involves an attempt to correct cryptocurrency and a test level of 32.50. Where can we expect the continuation of the fall of the Litecoin course with a potential target near the level of 26.00. The cancellation of the fall option will be a strong growth and a breakdown of the 36.50 area. What will indicate the continued growth of cryptocurrency.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
