LTCUSD reversed off resistance, potential for further drop!

LTCUSD reversed off our first resistance at 41.02 (100% Fibonacci extension , 38.2% Fibonacci retracement , Horizontal overlap resistance) where a further drop might occur pushing price down to our major support at 36.31 (horizontal pullback support, 61.8% fibonacci extension, 23.6% fibonacci retracement ).
Stochastic (89, 5, 3) reversed off our resistance where we might see a further drop in price.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.