Litecoin LTC/USD is trading at 31.59 and continues to move as part of the correction. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend. As part of the Litecoin prediction & analysis LTC/USD December 31, 2018, a test of the lower boundary of the Ichimoku Kinko Hyo Cloud is expected near the 31.00 level. Where can we expect a rebound and an attempt to continue the growth of LTC/USD with the target above the level of 36.00.
Litecoin prediction & analysis LTC/USD December 31, 2018
An additional signal in favor of the growth of cryptocurrency Litecoin will be the test area of support. As well as a rebound from the lower boundary of the rising channel. Earlier, a weak signal was received for BUY the Litecoin. The signal was formed due to the intersection of signal lines at the level of 30.50.
Cancellation of the growth option of Litecoin cryptocurrency will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and the closure below 30.00. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. LTC/USD is expected to accelerate the growth of quotes with the breakdown of the upper boundary of the downward channel and closing above the level of 34.50.
Litecoin prediction & analysis LTC/USD December 31, 2018 imply an attempt to correct cryptocurrency and test levels of 31.00. Where can we expect to continue the growth rate of Litecoin with a potential goal near the level of 36.00. Cancellation of growth option will make the fall and the breakdown of the area 30.00. What will indicate a continued decline in cryptocurrency.