Litecoin prediction & analysis LTC/USD November 12, 2018


Litecoin LTC/USD is trading at 49.58 and continues to move in the fall. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud. This indicates the presence of a downward trend. As part of the Litecoin prediction & analysis LTC/USD November 12, 2018, a test of the area of ​​the Ichimoku Kinko Hyo signal lines is expected near the 51.00 level. Where should we expect a rebound and an attempt to continue the fall of LTC/USD with a target below the level of 46.00.

Litecoin prediction & analysis LTC/USD November 12, 2018

An additional signal in favor of reducing the cryptocurrency Litecoin will be the test of the resistance area. As well as a rebound from the upper boundary of the descending channel. Previously, a weak signal was received for sell of Litecoin cryptocurrencies, due to the intersection of signal lines at the level of 54.50.

Litecoin prediction & analysis LTC/USD November 12, 2018

Cancellation of the option to reduce the Litecoin cryptocurrency will be a strong growth and the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and closing above the 54.00 level. This option will indicate a change in the downward trend in favor of the upward trend and the continued growth of cryptocurrency. LTC/USD quotes are expected to accelerate with the breakdown of the support area and closing below 48.00.

Litecoin prediction & analysis LTC/USD November 12, 2018 suggests an attempt to correct cryptocurrency and test level 51.00. Where can we expect to continue the decline of Litecoin with a potential target near the level of 46.00. Cancellation of the fall option will be a strong growth and a breakdown of the 54.00 area. What will indicate the continued growth of cryptocurrency.


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