LitecoinLong
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.