easyMarkets

LTCUSD approaching resistance, potential drop!

Short
COINBASE:LTCUSD   Litecoin
LTCUSD is approaching our first resistance at 13.24 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur to our major support at 94.33 (23.6% Fibonacci retracement).
Stochastic (21,5,3) is also approaching resistance.

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