LTCUSD approaching support, potential bounce!

2018년 10월 5일

LTCUSD is approaching our first support at 56.70 (horizontal swing low support, ascending channel support, 78.6% Fibonacci retracement, 100% Fibonacci extension) and a strong bounce might occur above this level pushing price up to our major resistance at 67.37 (100% Fibonacci extension).
Stochastic (89,5,3) is also approaching support and we might see a corresponding bounce in price should it react off this level.
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