LTCUSD approaching support, potential bounce!

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LTCUSD is approaching our first support at 55 (horizontal overlap support, 50%, 61.8% Fibonacci retracement, 100% Fibonacci extension, ascending channel support) and a strong bounce might occur above this level pushing price up to our major resistance at 63 (horizontal overlap resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).
RSI (55) is approaching where we might see a corresponding bounce in price.
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