LTCUSD 1h fib channel

Playing around with the fib channel on LTCUSD and I think you could try to go long here for a possible bounce to around 56 usd where the red 23.6fib will act as resistance together with one of the rising fibs from the other channel. I'm not taking this trade but just thought I might share it. I don't see any clear divergences and the RSI has enough room to grow.
FibonacciltcusdlongTrend Analysis

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