Litecoin LTC/USD completes shopping for and promoting week near area 140. Cryptocurrency is traded above the upper boundary of Ichimoku Kinko Hyo Cloud, which signifies a bullish sample in Litecoin. Ichimoku Kinko Hyo signal line area verify is near the 125 stage, from which it is anticipated to rebound and proceed improvement of LTC/USD with a aim above the extent of 190. An further sign up favor of the growth of the cryptocurrency can be the verify of the lower boundary of the bullish channel.
Litecoin (LTC/USD) weekly forecast December 11 — 15, 2017
Earlier, a medium power signal was obtained for buy of Litecoin cryptocurrency, by crossing the signal traces at stage 57. The abolition of the Litecoin improvement selection can be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations beneath area 105, which signifies a change throughout the bullish sample in favor of a bearish sample. Expect to hurry up the growth of the cryptocurrency is worth a breakdown of the extent of 170.