Litecoin LTC/USD completes shopping for and promoting week near area 103. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which signifies the presence of a bullish sample in Litecoin. Ichimoku Kinko Hyo signal line area test is near the 90 stage, from which it is anticipated to rebound and proceed growth of LTC/USD with a aim above the extent of 130.
Litecoin (LTC/USD) weekly forecast December 4 — 8, 2017
An further check in favor of the growth of the cryptocurrency can be the test of the lower border of the bullish channel. Earlier, a medium energy signal was obtained for buy of Litecoin cryptocurrency due to the crossing of signal traces at stage 57. The abolition of Litecoin growth variant can be the breakdown of the Ichimoku Kinko Hyo Cloud lower boundary with the closing of quotes underneath area 80, which is ready to level out a change throughout the bullish sample in favor of the bearish sample. Expect to hurry up the growth of the cryptocurrency is worth a breakdown of the extent of 110.