Litecoin LTC/USD is trading at 51.22 and continues to move as part of growth. Cryptocurrency is trading above the upper limit of the Ichimoku Kinko Hyo Cloud, which indicates an uptrend. As part of the Litecoin prediction & analysis LTC/USD November 4, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 50.50. Where can we expect a rebound and an attempt to continue the growth of LTC/USD with a target above the level of 53.50.
Litecoin prediction & analysis LTC/USD November 4, 2018
An additional signal in favor of the growth of cryptocurrency Litecoin will be a test of the support area, as well as a rebound from the upper limit of the downward channel. Previously, a weak signal was received for BUY the Litecoin, due to the crossing of signal lines at 49.50.
Cancellation of the growth option of Litecoin cryptocurrency will be the fall and breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and close below 48.50. This option will indicate a change in the upward trend in favor of the downward trend and the continuation of the fall of the cryptocurrency. LTC/USD is expected to accelerate the growth of quotes with the breakdown of the resistance area and closing above the level of 52.50.
Litecoin prediction & analysis LTC/USD November 4, 2018 suggests an attempt to correct cryptocurrency and test level 50.50, from which it is worth expecting the continued growth of the Litecoin course with a potential target near the level of 53.50, the decline will be canceled and the area breakdown will be 48.50, indicating that continued decline in cryptocurrency.