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Litecoin prediction & analysis LTC/USD on October 4, 2017

Litecoin prediction & analysis LTC/USD on October 4, 2017


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Litecoin LTC/USD is trading at level 51. Cryptocurrency is traded within the Ichimoku Kinko Hyo Cloud, which indicates the presence of a flat trend for Litecoin. The breakdown of the lower boundary of the Ichimoku Kinko Hyo indicator cloud is expected with a close below 49, where we can expect LTC/USD growth to continue below the level of 40.

Litecoin prediction & analysis LTC/USD on October 4, 2017

Earlier, a strong strength signal was obtained for buy of Litecoin cryptocurrency due to crossing of signal lines at level 50. The cancellation of the Litecoin fall variant will be the breakdown of the upper boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes above area 55, which indicates a change in the flat 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 45.

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