Litecoin forecast & analysis LTC/USD on November 15, 2017


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Litecoin LTC/USD is trading at level 61. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 58 is expected to be tested near the level 58, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 67. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the bullish channel.

Litecoin forecast & analysis LTC/USD on November 15, 2017

Litecoin forecast & analysis LTC/USD on November 15, 2017

Earlier, a weak signal was received for sell of Litecoin cryptocurrency, by crossing signal lines at level 59. Cancellation of Litecoin growth option will be a breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below area 56, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of the cryptocurrency is with the level breakdown 62.

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