Potential bounce as LTCUSD is approaching support!
LTCUSD is approaching our first support (horizontal overlap support, 61.8% Fibonacci extension, 76.4% Fibonacci retracement) where price might bounce to our first resistance (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension). Stochastic is approaching support as well. 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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