Litecoin LTC/USD is trading at level 56. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Litecoin. Ichimoku Kinko Hyo indicator area signal lines are expected near the level 53, from which it is expected to rebound and continue the growth of LTC/USD with a target above the level of 70.
Litecoin prediction & analysis LTC/USD on September 29, 2017
Earlier we received a weak force signal for buy Litecoin cryptocurrency due to the crossing of signal lines at level 48. The cancellation of Litecoin growth will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotes below area 45, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is worth a breakdown of the level of 60.