easyMarkets
Long

LTCUSD testing support, potential for further rise!

COINBASE:LTCUSD   Litecoin / U.S. Dollar
Price is testing our first support (horizontal overlap support, 50% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong bounce to our major resistance (horizontal pullback resistance, 38.2%Fibonacci retracement, 61.8% Fibonacci extension ). A break above our intermediate resistance (horizontal swing high resistance) might provide the bullish acceleration to our first resistance level . Stochastic is approaching support as well where we might see a corresponding bounce in price.
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@easyMarkets great work mate! Will follow your ideas!
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