LTCUSD bounced off support, potential for a further rise!
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.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89, 5, 3) is bounced off its support where we might see a further rise 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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