Litecoin LTC/USD is trading at 62. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. It is expected to test the area of the signal lines of the indicator near level 60, from which it is expected to rebound and continue the growth of LTC/USD for a target above level 75. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower border of the uplink.
Litecoin prediction & analysis LTC/USD on August 31, 2017
Earlier, a strong signal was received for buying of Litecoin cryptocurrency, by crossing the signal lines at level 47. The abolition of Litecoin’s growth option will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 53, indicating a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of the crypto currency is a breakdown of the level of 65.
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