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LTCUSD approaching resistance, potential drop!

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LTCUSD is approaching our first resistance at 62 (horizontal pullback resistance, 50% Fibonacci retracement, 61.8% Fibonacci extension) where a strong drop might occur below this level pushing price down to our major support at 53.64 (horizontal swing low support, 78.6% Fibonacci retracement).
RSI (55) is also seeing a bearish exit and we might see a corresponding drop in price should it react off this level. Ichimoku cloud is also showing signs of bearish pressure in line with our bearish bias.
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