Cryptocurrency LITECOIN LTC/USD is trading at the level of 45.50. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates an bullish trend in LITECOIN. The Ichimoku Kinko Hyo Cloud Upper Test is expected near the level of 41.70, from which we can expect an attempt to grow and develop the bullish trend over Litecoin with a view to growth near the level of 49.70.
LITECOIN forecast LTC/USD on June 24, 2017
Earlier, we received a weak signal for sales of LITECOIN cryptocurrency, due to the intersection of signal lines at the level of 44.50. Cancellation of the variant of growth of LITECOIN quotations will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 35.90, which will indicate a change in the bullish trend in favor of the bearish trend. To expect the acceleration of growth of quotations on LTC/USD is with the breakdown of the local maximum area at the level of 48.80.
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