LTCUSD approaching resistance, potential drop!

LTCUSD is approaching our first resistance at 13.24 (horizontal pullback resistance, 61.8% Fibonacci extension, 23.6% Fibonacci retracement) where a strong drop might occur to our major support at 94.33 (23.6% Fibonacci retracement).
Stochastic is also approaching resistance.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.


Chart PatternsHarmonic PatternsLTCLTCUSDltcusdlongltcusdshortTrend AnalysisUSD

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