Litecoin prediction & analysis LTC/USD on November 18, 2017


Litecoin LTC/USD is trading at the level of 67. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Litecoin. The Ichimoku Kinko Hyo signal line area test is near the level 65, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 75. An additional signal in favor of the growth of the cryptocurrency will be a test of the support level.

Litecoin prediction & analysis LTC/USD on November 18, 2017

Litecoin prediction & analysis LTC/USD on November 18, 2017

Earlier, a medium strength signal was obtained for buy of Litecoin cryptocurrency due to the crossing of signal lines at level 59. The abolition of Litecoin’s growth option will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below area 60, which will indicate a bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is with the breakdown of the level of 70.


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