Litecoin LTC/USD is trading at level 45. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, indicating an bullish trend in Litecoin. Ichimoku Kinko Hyo Cloud near the level 42 is expected to be tested near the level of 42, from which one should expect an attempt at growth and development of the bullish trend for LTC/USD with a target to growth near level 52.
Litecoin LTC/USD prediction & analysis on July 23, 2017
Earlier, a weak signal was received for buying of Litecoin cryptocurrency, due to the crossing of signal lines at level 40 The cancellation of the growth of Litecoin quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below area 39, which will indicate a change in the bullish trend in favor of the bearish trend. Expect to accelerate the growth of quotations for LTC/USD is with the breakdown of the local maximum area at 48.
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