LTCUSD approaching support, potential bounce!
LTCUSD is approaching its support at 109.600 (multiple swing low support) where a bounce may occur, causing price to rise to its 1st resistance at 136.839 (23.6% Fibonacci retracement, 38.2% Fibonacci retracement, horizontal overlap resistance). We have also identified another support level at 96.787 (61.8% Fibonacci extension).
Stochastic (34, 5, 3) is approaching its support at 7.5% where a corresponding reaction could occur.
Stochastic (34, 5, 3) is approaching its support at 7.5% where a corresponding reaction could occur.
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