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LTCUSD approaching support, potential bounce!

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LTCUSD is approaching our first support at 57.14 (horizontal overlap support, 50% Fibonacci retracement, 100%, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 63.31 (61.8% Fibonacci extension).
Stochastic is also approaching support.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


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