Litecoin LTC/USD completes trading week near area 69. 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 near the level 65, from which it is expected to rebound and continue the growth of LTC/USD with a target above the level of 85.
Litecoin weekly forecast on November 20 — 24, 2017
Earlier, a medium strength signal was obtained for buy of Litecoin cryptocurrency, by crossing the signal lines at level 57. Canceling the 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 52, 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 75.
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