LTCUSD approaching resistance, potential drop!

٣١ يناير ٢٠١٩

LTCUSD is approaching our first resistance at 32.552 (horizontal swing high resistance, 61.8% Fibonacci retracement, 100% Fibonacci extension, Elliot wave structure) where a strong drop might occur pushing price down to our major support at 31.91 (23.6% Fibonacci retracement).
Stochastic (55,5,3) is also approaching our resistance where we might see a further drop in price.
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