LTC pullback to %50 fib level
Watching for LTC to retrace 50% of its recent upswing before continuing. Will long if we bounce off of that level, which is where it should also find support at the 50-day EMA. Setup is invalid if we drop past 34.48. Also watch for a reveral off of a higher fib level. $37.28 looks like a potential support as well.
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.