Litecoin LTC/USD is trading at level 47. Cryptocurrency is trading below the lower boundary of the Ichimoku Kinko Hyo Cloud, indicating a bearish trend in Litecoin. The indicator cloud is expected near the level 49, from which it is expected to rebound and continue falling LTC/USD for a level below 35.
Litecoin prediction & analysis LTC/USD on September 26, 2017
Earlier, a medium strength signal was obtained for sales of Litecoin cryptocurrency, by crossing signal lines at level 52. By abolishing the Litecoin drop 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 worth a breakdown of the support level and closing below 40.