LTCUSD reversed off resistance, potential for further drop!
LTCUSD reversed off our first resistance at 41.02 (100% Fibonacci extension , 38.2% Fibonacci retracement , Horizontal overlap resistance) where a further drop might occur pushing price down to our major support at 36.31 (horizontal pullback support, 61.8% fibonacci extension, 23.6% fibonacci retracement ).
Stochastic (89, 5, 3) reversed off our resistance where we might see a further drop 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) reversed off our resistance where we might see a further drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Come join us today at : easymarkets.com/
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.