LTCUSD approaching support, potential bounce!
LTCUSD is approaching our first support at 23.09 (100% Fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price to our major resistance at 27.71 (61.8% fibonacci extension, 38.2% Fibonacci retracement, horizontal overlap resistance).
Stochastic (34,5,3) is testing our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (34,5,3) is testing our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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