Litecoin LTC/USD is trading at 66.95. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. The Ichimoku Kinko Hyo signal line area test is near the level 65, from which one should expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 75.
Litecoin prediction & analysis LTC/USD on November 19, 2017
An additional signal in favor of the growth of the cryptocurrency will be a test of the support level. Earlier, a medium strength signal was obtained for buy of Litecoin cryptocurrency due to the intersection of signal lines at level 59. The cancellation of the Litecoin growth option will be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes below area 60, which will indicate a bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is the breakdown of the upper limit of the model «Triangle» and the closure above the level of 68.
Looking for the Best Forex Broker? We trade at RoboForex. You can receive a rebates from each trade when registering using our partner link
