Cryptocurrency Litecoin LTC/USD is trading at 41.97. Crypto currency is traded above the Ichimoku Kinko Hyo Cloud boundary, which indicates the existence of a bullish trend for Litecoin. A support area test is expected at 34.70, from which one should expect an attempt to grow and develop a bull tendency on an attempt with a potential growth target near the level of 50.25.
Litecoin forecast LTC/USD on June 19, 2017
Earlier, we received a weak signal for buying of Litecoin cryptocurrency due to the crossing of signal lines at level 27. Canceling the variant of LTC/USD cryptocurrency growth will be the breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below area 26, which will indicate a change in the bullish trend in favor of bearish trend. Expect to accelerate the growth of quotations LTC/USD stands with the breakdown of the local maximum area at 47.20.
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