LTCUSD is approaching our first support at 54.90 (horizontal swing low support, 100%, 61.8% Fibonacci extension) where a strong bounce might occur to our major resistance at 60.93 (horizontal swing high resistance). Stochastic (89,5,3) 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.