Cryptocurrency Litecoin LTC/USD is trading at the level of 35.43. The Cloud of Ichimoku Kinko Hyo broke through the cryptocurrency and began to trade below its lower limit, which indicates a bearish trend in Litecoin. Ichimoku Kinko Hyo Cloud is expected to test near the level of 37.00, from which one should expect an attempt to drop and develop a bearish trend over LTC/USD with a view to lower near the level of 28.30.
Litecoin LTC/USD prediction & analysis on June 28, 2017
Earlier, a weak signal was received for sales of Litecoin cryptocurrency, due to the crossing of signal lines at the level of 44.40. 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 quotations above the 44.00 area, which will indicate a change in the bearish trend in favor of the bullish trend. Expect the acceleration of the drop in quotations LTC/USD stands with the breakdown of the local minimum area at 30.00.
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