easyMarkets
Short

LTCUSD near resistance, potential drop coming!

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Price is approaching our first resistance (horizontal pullback resistance, 38.2% Fibonacci retracement , 61.8% Fibonacci extension ) where we might see a corresponding drop to our first support level (50% Fibonacci retracement , 61.8% Fibonacci extension ).
Stochastic is also approaching resistance where we might see a corresponding drop in price.
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