easyMarkets
Long

LTCUSD bounced off support, potential for a further rise!

COINBASE:LTCUSD   Litecoin / U.S. Dollar
LTCUSD bounced off its support at 29.39 (61.8% fibonacci retracement , horizontal swing low support) where a further rise might occur pushing price up to our major resistance at 35.33 (horizontal swing high resistance, 61.8% Fibonacci extension , 50% fibonacci retracement ).
Stochastic (89, 5, 3) is bounced off its support where we might see a further rise in price.

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