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LTCUSD approaching support, potential bounce!
LTCUSD is approaching our first support at 48.54 (horizontal swing low support, 100%, 61.8%, Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 51.36 (horizontal swing high resistance).
Stochastic (21,5,3) is approaching our support and seeing a bullish divergence 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.
Stochastic (21,5,3) is approaching our support and seeing a bullish divergence 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.
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