Litecoin LTC/USD is shopping for and promoting on the diploma of 63. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which signifies a bullish improvement in Litecoin. Ichimoku Kinko Hyo Cloud near the extent 60 is anticipated to be examined near the extent 60, from which we should at all times anticipate a rebound and an attempt to proceed the growth of LTC/USD with a purpose above the extent of 67.
Litecoin prediction & analysis LTC/USD on November 16, 2017
An additional register favor of the growth of the cryptocurrency will in all probability be a check out of the lower boundary of the bullish channel. Earlier, a medium energy signal was acquired for buy of Litecoin cryptocurrency, by crossing the signal traces at diploma 59. Canceling the Litecoin progress chance will in all probability be a breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes below area 57, which signifies a shift inside the bullish improvement in favor of a bearish improvement. Expect to hurry up the growth of the cryptocurrency is a breakdown of the extent of 65.