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Litecoin forecast & analysis LTC/USD on January 10, 2018

Litecoin forecast & analysis LTC/USD on January 10, 2018


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Litecoin LTC/USD is shopping for and promoting at 231. The cryptocurrency is traded above the Ichimoku Kinko Hyo Cloud, which signifies a bullish sample in Litecoin. Ichimoku Kinko Hyo Cloud is predicted to test near the extent 220, from which it is anticipated to rebound and try to proceed the growth of LTC/USD with a aim above the extent of 260. Earlier, a weak signal was acquired for the promote of Litecoin cryptocurrency, due to the crossing of signal strains at stage 240.

Litecoin forecast & analysis LTC/USD on January 10, 2018

By abolishing the growth risk, Litecoin will turn into the lower greater boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes beneath area 195, indicating a change throughout the bullish sample in favor of a bearish sample. Expect to hurry up the growth of the cryptocurrency LTC/USD is worth a breakdown of the extent of 280.  It should not be important to exclude the attempt to type the reversal model «Head and Shoulders». In this case, that you must depend on a test of the extent of 255 and an attempt to drop the quotations throughout the area beneath the extent of 155.

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