LITECOIN LTC/USD is trading at level 43. Quotes of the currency are traded below the moving average with a period of 55, indicating a bearish trend for LITECOIN. At the moment, quotes are testing the lower boundary of the Bollinger Bands. A moving average test is expected at 45.00, where again one should expect an attempt to continue the fall and further develop the bearish trend for LITECOIN cryptocurrency to reduce near level 35. The LITECOIN conservative sales area is located near the middle border of the Bollinger Bands indicator strip at 48.
LITECOIN forecast & analysis LTC/USD on July 12, 2017
Canceling the continuation option the drop of the LTC/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, as well as the upper boundary of the Bollinger Bands indicator bars and the closing of LITECOIN quotations above the area of 50, indicating a change of the tend In favor of the bullish on LTC/USD. In the event of a breakdown of the lower border of the Bollinger Bands indicator bars and the closing of quotes below 40 it is expected to accelerate the fall of the cryptocurrency. An additional signal in favor of the fall is the breakdown of the support area.
- BITCOIN chart online
- BITCOIN forecast & analysis
- ZCASH news & technical analysis
- LITECOIN prediction for today
- RIPPLE forecast & signals
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
