Litecoin LTC/USD is trading at 77.43 and continues to move as part of growth. LTC/USD quotes move above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend. As part of the Litecoin course forecast for the week of April 15 — 19, 2019. A test of the upper boundary of the Ichimoku Kinko Hyo Cloud is expected near the level of 70.05. Where should we expect a rebound and an attempt to continue the growth of LTC/USD with the target above the level of 115.00.
Litecoin Forecast for the week of April 15 — 19, 2019
An additional signal in favor of the growth of cryptocurrency Litecoin will be the test area of support. As well as a rebound from the lower boundary of the rising channel. Earlier, a medium strength signal was received for BUY the Litecoin cryptocurrency. The signal was formed due to the intersection of the signal lines at the level of 33.00. The nearest resistance area is at 100.00. The LTC/USD support area is located at 68.55.
Cancellation of the growth option of Litecoin cryptocurrency will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud and close below the level of 41.05. 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 price growth is expected to accelerate with the breakdown of the resistance area and closing above the level of 100.05.
Litecoin Forecast for the week of April 15 — 19, 2019 suggests an attempt to correct cryptocurrency and a test level of 70.05. Where can we expect to continue the growth rate of Litecoin with a potential target near the level of 115.00 Cancellation of the lifting option will be the fall and the breakdown of the area of 41.05. That will indicate a continued decline in cryptocurrency with a potential goal of 35.00.