Cryptocurrency Litecoin LTC/USD is trading at 41.71. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. LTC/USD is expected to rise to the level of 43.10, from which one should expect an attempt to drop and develop a bearish trend over LTC/USD with a view to reducing near the level of 34.20.
Litecoin LTC/USD prediction & analysis on July 18, 2017
Earlier, a strong signal was received for sales of Litecoin cryptocurrency, due to crossing of signal lines at 45.00. Cancellation of the variant of the Litecoin quotations drop will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 45.00, which will indicate the change of 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 the level of 35.60.
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