LTCUSD approaching support, potential bounce!

21 בפבר׳ 2019

LTCUSD is approaching our first support at 46.75 (horizontal overlap support, 38.2% Fibonacci retracement, 61.8% Fibonacci extension) where a strong bounce might occur below this level pushing price up to our major resistance at 55.80 (100% extension, horizontal swing high resistance).
RSI (21) is also approaching support where we might see a corresponding rise in price.
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