BTCUSD approaching support, potential bounce!
BTCUSD is approaching our first support at 3589 (horizontal overlap support, 76.4% Fibonacci retracement , 61.8% & 100% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 4080 (horizontal swing high resistance, 61.8% Fibonacci retracement).
Stochastic (21, 5, 3) is approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (21, 5, 3) is approaching our support where we might see a bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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