Litecoin LTC/USD completes the trading week near area 239. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. The Ichimoku Kinko Hyo signal line area test is expected near the level 210, from which it is expected to rebound and continue the growth of LTC/USD for a level above 350.
Litecoin (LTC/USD) weekly forecast December 25 — 29, 2017
Earlier, a medium strength signal was obtained for buy of Litecoin cryptocurrency due to the crossing of signal lines at level 57. Cancellation of the variant of Litecoin growth will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 180, 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 350.
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