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Litecoin
Long

LTCUSD testing its support, potential rise!

By ICmarkets
Broker
LTCUSD tested its support at 194.484 (76.4% Fibonacci retracement , horizontal swing low support) and a potential rise could occur to its resistance at 217.160 (61.8% Fibonacci retracement , horizontal swing high resistance).

Stochastic (89, 5, 3) shows a bullish divergence which suggest a corresponding increase in price could occur.
Chart PatternsForexforexsignalsHarmonic PatternsLitecoin (Cryptocurrency)litecoinlonglitecoinshortLTCLTCUSDTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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