Litecoin LTC/USD is trading at the level of 42.14. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 42.30 level, from which it is expected to test the lower boundary of the Ichimoku Kinko Hyo Cloud near level 39.90.
Litecoin forecast & analysis LTC/USD on August 4, 2017
Earlier, a weak signal was received for buying of Litecoin cryptocurrency, due to the crossing of signal lines at 40.00. Consider buying Litecoin costs with the breaking of the upper boundary of the Cloud Ichimoku Kinko Hyo and the closing of quotes above the level of 43.50, in the case of breaking the lower boundary of the Cloud Ichimoku Kinko Hyo, we should expect the development of the bearish trend in LTC/USD to continue.
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