Litecoin LTC/USD completes trading week near area 81. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend in Litecoin. It is expected to test the area of the signal lines of the indicator near level 70, from which it is expected to rebound and continue the growth of LTC/USD with a target higher than level 105.
Litecoin weekly forecast on September 11 — 15, 2017
Earlier, a medium strength signal was obtained for buying of Litecoin cryptocurrency, due to crossing of signal lines at level 43. Cancellation of Litecoin growth option there will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 55, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of the cryptocurrency is a breakdown of the level of 85.
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