LTCUSD reversed off resistance, potential for further drop!

COINBASE:LTCUSD   Litecoin / U.S. Dollar
LTCUSD reversed off our first resistance at 41.02 (100% Fibonacci extension , 38.2% Fibonacci retracement , Horizontal overlap resistance) where a further drop might occur pushing price down to our major support at 36.31 (horizontal pullback support, 61.8% fibonacci extension , 23.6% fibonacci retracement ).
Stochastic (89, 5, 3) reversed off our resistance where we might see a further drop in price.

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