LTCUSD is approaching our first support at 41.59 (horizontal overlap support, 38.2%, 50% Fibonacci extension, 100% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 52.68 (horizontal swing high resistance). Stochastic (21,5,3) 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.