Litecoin weekly forecast on September 4 — 8, 2017


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Litecoin LTC/USD completes trading week near area 75. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, indicating an upward trend in Litecoin. It is expected to test the area of ​​the signal lines of the indicator near level 65, from which it is expected to rebound and continue the growth of LTC/USD with a target above 95.

Litecoin weekly forecast on September 4 — 8, 2017

Litecoin weekly forecast on September 4 — 8, 2017

Earlier, a medium strength signal was obtained for buying of Litecoin cryptocurrency, by crossing the signal lines at level 43. Canceling the Litecoin growth option there will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 55, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is a breakdown level of 85.

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