Cryptocurrency LITECOIN LTC/USD is trading at 36.00. Quotes of the currency are traded near the moving average with a period of 55. This is expected to test the upper boundary of Bollinger Bands at 42.55, where again we should expect an attempt to continue falling and further develop the bearish trend in the LITECOIN cryptocurrency to reduce near the level of 35. The conservative area for sales of LITECOIN Is located near the upper boundary of the Bollinger Bands indicator strip at level 43.
LTC/USD forecast & signals LITECOIN on June 29, 2017
The abolition of the option of continuing the growth of the LTC/USD cryptocurrency will be a breakdown of the moving average region with a level of 55, The Bollinger Bands indicator bars and the closing of LITECOIN quotations above area 44, which indicates a change in the trend in favor of the bearish on LTC/USD. In the event of a breakdown of the lower boundary of the Bollinger Bands indicator bars and the closing of quotations below 30 it is expected to accelerate the growth of the cryptocurrency.
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