easyMarkets
Long

LTCUSD approaching support, potential bounce!

COINBASE:LTCUSD   Litecoin / U.S. Dollar
LTCUSD is approaching its support at 29.39 (61.8% fibonacci retracement , horizontal swing low support) where a potential bounce might occur pushing price up to our major resistance at 35.33 (61.8% Fibonacci extension , 50% fibonacci retracement ).
Stochastic (89, 5, 3) is approaching its support where we might see a potential bounce in price.

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