Litecoin LTC/USD is trading at level 49. Cryptocurrency is trading below the lower boundary of the Cloud Ichimoku Kinko Hyo, which indicates a bearish trend in Litecoin. The indicator Cloud test is expected near the level of 50, from which it is expected to rebound and continue the decline of LTC/USD with a target below level 35.
Litecoin prediction & analysis LTC/USD on September 24, 2017
Earlier, a medium strength signal was obtained for sales of Litecoin cryptocurrency, by crossing signal lines at level 52. By abolishing the Litecoin fall variant there will be a breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above the area of 55, which indicates the change of the bearish trend in favor of the bullish trend. Expect to accelerate the fall of the cryptocurrency is a breakdown level of 45.