Litecoin forecast & analysis LTC/USD on October 31, 2017


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Litecoin LTC/USD is trading at the level of 57. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 56 is expected to be tested near the level 56, from which one should expect a rebound and an attempt to grow LTC/USD with a target higher than 64.

Litecoin forecast & analysis LTC/USD on October 31, 2017

Litecoin forecast & analysis LTC/USD on October 31, 2017

Earlier, a weak signal was received for buy of Litecoin cryptocurrency due to crossing of signal lines at level 55. Canceling the fall variant Litecoin will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 54, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of level 58.

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