Litecoin LTC/USD is trading at level 85. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 83 is expected to be tested near the level 83, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target higher than 105. An additional signal in favor of the growth of the cryptocurrency will be the test of the lower boundary of the bullish channel.
Litecoin prediction & analysis LTC/USD on December 1, 2017
Earlier, a weak signal was received for sales of Litecoin cryptocurrency, due to the crossing of signal lines at level 87. The abolition of Litecoin growth option will be the breakdown of the lower boundary of Ichimoku Kinko Hyo Cloud with the closing of quotations below area 78, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is at breakdown level 95.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
