LitecoinLong
LTCUSD approaching support, potential bounce!
LTCUSD is approaching our first support at 44.38 (horizontal pullback support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where we might see a strong bounce in price to our major resistance at 50.28 (61.8% Fibonacci extension).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce 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 also approaching support where we might see a corresponding bounce 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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