Litecoin LTC/USD is trading at level 54. Cryptocurrency is traded above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the presence of an bullish trend for Litecoin. The Ichimoku Kinko Hyo indicator cloud is expected near the level 52, 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 October 3, 2017
Earlier, a strong force signal was obtained for buy Litecoin cryptocurrency, by crossing signal lines at level 50. Canceling variant of Litecoin growth will be a breakdown of the lower boundary of the Cloud of Ichimoku Kinko Hyo with the closing of quotations below area 49, which will indicate a change in the bullish trend in favor of a bearish trend. Expect to accelerate the growth of the cryptocurrency is with a breakdown of the resistance level and a close above 60.