Cryptocurrency Litecoin LTC/USD is trading at the level of 45.89. The Ichimoku Cloud of Kinko Hyo broke through the cryptocurrency and began to trade above its upper limit, indicating an bullish trend in Litecoin. The drop in LTC/USD is expected near the level of 42.20, from which one should expect an attempt to grow and develop the bullish trend for LTC/USD with the target of growth near the level of 52.60.
Litecoin LTC/USD prediction & analysis on July 4, 2017
Earlier, a medium strength signal was obtained for buying of Litecoin cryptocurrency, due to the intersection of signal lines at level 39.60. Cancellation of the variant of growth of Litecoin quotations will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below the area of 36.30, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of quotations for LTC/USD stands with the breakdown of the local maximum area at the level of 51.00.
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