Litecoin LTC/USD is trading at 44.97. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The breakdown of the upper limit of the Triangle model is expected with the closing of quotes above level 47 and the continuation of growth with a target above level 50.
Litecoin prediction & analysis LTC/USD on August 22, 2017
Earlier, a medium strength signal was obtained for buying of Litecoin cryptocurrency, by crossing the signal lines at 43.50. The cancellation of the growth scenario for Litecoin quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 42, indicating a change in the flat trend in favor of a bearish trend.
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