Cryptocurrency Litecoin LTC/USD is trading at 46.47. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the existence of a bullish trend for Litecoin. Ichimoku Kinko Hyo signal line area test is near level 42, from which it is expected to try to grow and develop a bullish Litecoin trend with a potential growth target near level 55.
Litecoin forecast LTC/USD on June 20, 2017
Earlier, a weak signal was obtained for buying of Litecoin cryptocurrency, due to crossing of signal lines at level 27. Canceling the variant of LTC/USD cryptocurrency growth will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotations below area 26, which will indicate a change in the bullish trend in favor of a bearish trend. Expect the acceleration of LTC/USD quotes growth with the breakdown of the local maximum area at the level of 50.
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