LTCUSD - 200EMA Massive support

I'd simply play this bounce off of 200 EMA until the golden pocket zone between 0.382 and 0.618 Fib retracements ranging from 98 to 114 USD.
Stop losses would be daily close below 68 levels.
I'm keeping an eye on the $74 - $70 range bounce.

Kommentar:

And it's a TARGET HIT!
Sometimes price action can simply be narrated off of 1 single moving average.