Litecoin LTC/USD is buying and selling at degree 150. The cryptocurrency is traded above the higher boundary of Ichimoku Kinko Hyo Cloud, which signifies the presence of a flat development for Litecoin. Ichimoku Kinko Hyo Cloud close to the extent 135 is predicted to be examined close to the extent 135, from which one ought to count on a rebound and an try and proceed the expansion of LTC/USD with a objective above the extent of 185. An extra sign in favor of the expansion of the cryptocurrency would be the higher certain of the «Triangle» mannequin.
Litecoin forecast & analysis LTC/USD on February 11, 2018
Earlier, a medium energy sign was obtained for purchase of Litecoin cryptocurrency, as a result of crossing of sign traces at degree 125. The abolition of Litecoin progress choice would be the breakdown of the decrease boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotes under space 115, which is able to point out a change within the bullish development in favor of a bearish development. Expect to speed up the expansion of quotations LTC/USD is with a breakdown of the resistance degree and shutting above 160.