BTCUSD approaching support, potential bounce!
BTCUSD is approaching our first support at 3076 (61.8% Fibonacci extension, horizontal overlap support) where a strong bounce might occur above this level pushing price to our major resistance at 3579 (61.8% fibonacci extension, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is testing our support and we might see a corresponding rise in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (89,5,3) is testing our support and we might see a corresponding rise 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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