Litecoin LTC/USD is trading at 43.89. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 45 is expected to be tested near the level of 45, from which it is expected to decrease and further develop the bearish trend with a target near level 39.
Litecoin prediction & analysis LTC/USD on August 18, 2017
Earlier, a weak signal was received for sales of Litecoin cryptocurrency, due to intersection of signal lines at level 47. Canceling the variant of falling quotes Litecoin will become a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 45.50, which indicates the change of the bearish trend in favor of the bullish trend.
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