ShanghaiCrypto
Long

LTC pullback to %50 fib level

KRAKEN:LTCUSD   Litecoin / U.S. Dollar
Watching for LTC to retrace 50% of its recent upswing before continuing. Will long if we bounce off of that level, which is where it should also find support at the 50-day EMA . Setup is invalid if we drop past 34.48. Also watch for a reveral off of a higher fib level. $37.28 looks like a potential support as well.
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