easyMarkets

LTCUSD approaching support, potential bounce!

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BITFINEX:LTCUSD   Litecoin
LTCUSD is approaching our first support at 29.91 (76.4% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our major resistance at 35.35 (61.8% Fibonacci retracement, 61.8% Fibonacci extension ).
Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price.
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