Cryptocurrency Litecoin LTC/USD is trading at the level of 39.65. Cryptocurrency continues to be traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 41.20, from which one should expect an attempt to drop and develop a bearish trend over LTC/USD with a view to lower near the level of 33.20.
LTC/USD forecast & Litecoin analysis on June 30, 2017
Earlier, a weak signal was received for buying of Litecoin cryptocurrency, due to the crossing of signal lines at level 38.20. Canceling the variant of falling quotes Litecoin will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 45.10, which indicates a change in the bearish trend in favor of the bullish. Expect the acceleration of the drop in quotations for LTC/USD is with the breakdown of the local minimum area at 35.00.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
