Cryptocurrency LITECOIN LTC/USD is trading at level 37. Quotes of the currency are traded below the moving average with a period of 55, which indicates a bearish trend for LITECOIN. At the moment, quotes are testing the average border of the Bollinger Bands. A moving average test is expected at level 37, where again one should expect an attempt to continue the fall and further develop the bearish trend in the LITECOIN cryptocurrency to reduce it near level 30.
LITECOIN forecast & analysis LTC/USD on July 17, 2017
The LITECOIN conservative sales area is located near the middle of the Bollinger Bands indicator strip at level 39. Canceling the continuation option the drop in 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 area 42, indicating a trend change in favor of the bullish for LTC/USD. In the event of a breakdown of the lower boundary of the Bollinger Bands indicator bars and the closing of quotes below 35, it is expected to accelerate the fall of the cryptocurrency.
- 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
