Litecoin LTC/USD completes the trading week near area 313. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Litecoin. The test area of Ichimoku Kinko Hyo signal lines near level 275 is expected, from which it is expected to rebound and continue the growth of LTC/USD with a target above the level of 400.
Litecoin (LTC/USD) weekly forecast December 18 — 22, 2017
Earlier, a medium strength signal was obtained for buy of Litecoin cryptocurrency, by crossing the signal lines at level 57. 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 210, 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 370.
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