LTCUSD approaching support, potential bounce!

COINBASE:LTCUSD   Litecoin / U.S. Dollar
LTCUSD is approaching our first support at 27.67 (horizontal swing low support, 61.8% fibonacci retracement , 61.8% fibonacci extension ) and a strong bounce might occur above this level pushing price up to our major resistance at 32.01 (horizontal overlap resistance, 50% fibonacci retracement ).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


You Nailed it....Do we continue to push on is the question...as of right now we are slightly above your target of 32.01. Could this be the big bounce from the inverse head and shoulders we have been seeing develop?
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out