Litecoin LTC/USD are traded at 310 and continue to move in line with growth. At this point, we should expect an attempt to reduce and test the level of 300. Again, we should expect a rebound and the continued growth of the Litecoin exchange rate with a target above the level of 380. In favor of LTC/USD growth, the support line test on the relative strength index (RSI) will appear, as well as the formation of the reversal model «Head and Shoulders».
Litecoin LTC/USD forecast on December 18, 2017
The abolition of the growth option will be a breakdown of the area of 260, which will indicate the continuation of the decline of LTC/USD. Expect to accelerate growth is with the breakdown of level 320.
Litecoin LTC/USD forecast on December 18, 2017 involves an attempt to test the broken neckline of the reversal pattern near 300, from which it is expected to rebound and continue to rise above 380, an additional signal in favor of Litecoin growth will be a test line support on the indicator of relative strength index (RSI).
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