Litecoin LTC/USD is trading at the level of 69. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. A test of the lower border of the indicator near level 72 is expected, from which it is expected to rebound and continue the decline of LTC/USD with a target below the level of 57.
Litecoin forecast & analysis LTC/USD on September 13, 2017
Earlier, a medium strength signal was obtained for sales of Litecoin cryptocurrency, by crossing the signal lines at level 74. By abolishing the Litecoin fall variant breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 77, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the cryptocurrency is with the breakdown of the support level and the closing of quotations below the level of 60.
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