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Jan 21, 2019 1:47 AM

LTCUSD approaching support, potential bounce!  Long

Litecoin / United States DollarCoinbase

Description

LTCUSD is approaching our first support at 26.25 (horizontal overlap support, 100% Fibonacci extension, 76.4% Fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 32.96 (horizontal swing high resistance, 50% Fibonacci retracement).
Stochastic (89,5,3) is approaching support where we might see a corresponding bounce in price.
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