Litecoin LTC/USD is trading at 69. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of a bullish trend in Litecoin. The Ichimoku Kinko Hyo signal line area test is near the level 68, from which we 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 20, 2017
Earlier, a medium strength signal was obtained for buy of Litecoin cryptocurrency due to crossing of the signal lines at level 59. Withdrawal variant of Litecoin growth will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below the area of 60, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is with the breakdown of the level of 70.
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