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LTCUSD Fibonacci Retracement Level

Short
KRAKEN:LTCUSD   Litecoin / U.S. Dollar
LTCUSD . Ideal entry is at the 0.382 Fibonacci Level. The Pin Bar close near that level. There was a gap that occurred on July 8, 2021 at 03:00. The gap represented horizontal support resistance level . Price closed in the area of the EMA 10 EMA 20. Price closed below diagonal trend level and retested that diagonal level as new resistance.

Confluence:
Diagonal Trend Line Level
Gap (Horizontal Support Resistance Line Level)
Fibonacci Retracement Level
EMA 10 Dynamic Support Resistance Level
EMA 20 Dynamic Support Resistance Level
Pin Bar at Lower High