Litecoin LTC/USD is trading at 33.89 and continues to move as part of growth. Cryptocurrency is trading above the upper boundary of the Ichimoku Kinko Hyo Cloud. This indicates an uptrend.
As part of the Litecoin prediction & analysis LTC/USD December 3, 2018, a test of the upper limit of the Ichimoku Kinko Hyo Cloud is expected near the level of 33.00. Where should we expect a rebound and an attempt to continue the growth of LTC/USD with the goal above the level of 40.00.
Litecoin prediction & analysis LTC/USD December 3, 2018
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 model «Triangle». Were previously received a weak signal for SELL the Litecoin cryptocurrency. The signal was formed due to the intersection of the signal lines at the level of 33.50.
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 closing below 30.00. This option will indicate a change in the lateral trend in favor of the downward trend and a continued decline in cryptocurrency. Expect confirmation of growth of LTC/USD quotes with the breakdown of the upper limit of the «Triangle» model and closing above the level of 36.00.
Litecoin prediction & analysis LTC/USD December 3, 2018 suggests an attempt to correct cryptocurrency and test levels of 33.00. Where can we expect to continue the growth course Litecoin with a potential goal near the level of 40.00. Cancellation of growth option will make the fall and the breakdown of the area 30.00. What will indicate the continuation of the fall of cryptocurrency.