Litecoin
Long

LTCUSD approaching support, potential bounce!

1099
LTCUSD is approaching our first support at 48.54 (horizontal swing low support, 100%, 61.8%, Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 51.36 (horizontal swing high resistance).
Stochastic (21,5,3) is approaching our support and seeing a bullish divergence where we might see a corresponding bounce in price.
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