LTCUSD is approaching our first support at 29.91 (76.4% Fibonacci retracement , 100% Fibonacci extension ) where a strong bounce might occur above this level pushing price up to our major resistance at 35.35 (61.8% Fibonacci retracement, 61.8% Fibonacci extension ). Stochastic (89,5,3) is also approaching support where we might see a corresponding bounce in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.