Litecoin LTC/USD is trading at level 99. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo signal line area test near level 95 is expected, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above level 110.
Litecoin prediction & analysis LTC/USD on December 3, 2017
Earlier, a strong signal was received for buy of Litecoin cryptocurrency, by crossing signal lines at level 87. Canceling option the growth of Litecoin will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 85, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 103.
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