LTCUSD is approaching our first support at 41.21 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong bounce might occur below this level pushing price up to our major resistance at 44.33 (horizontal swing high resistance, 61.8% Fibonacci retracement). Stochastic (21,5,3) is also approaching support where we might see a corresponding drop in price. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.