Cryptocurrency Litecoin LTC/USD is trading at 46.05. The Crypto currency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 46.50, from where it is expected to try to drop and develop the bearish trend over LTC/USD with the target of reducing near the level of 38.20.
Litecoin LTC/USD prediction & analysis on July 14, 2017
Earlier, a medium strength signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at the level of 47.30. Canceling the variant of falling quotes Litecoin will be a breakdown of the upper boundary of the Cloud Ichimoku Kinko Hyo with the closing of quotes above the area of 50.00, which indicates a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotations for LTC/USD is with the breakdown of the local minimum area at 40.00.
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