Litecoin LTC/USD is trading at 71. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an upward trend in Litecoin. Ichimoku Kinko Hyo signal line area test near level 70 is expected, from which we should expect a rebound and an attempt to continue LTC/USD growth with a goal above the level of 80.
Litecoin prediction & analysis LTC/USD on November 24, 2017
Earlier, a medium strength signal was obtained for buy of the Litecoin cryptocurrency due to crossing of signal lines at level 59. Canceling the Litecoin growth scenario will be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 62, which will indicate a change in the bullish trend in favor of the 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 73.
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