BTCUSD testing support, potential bounce!
BTCUSD is testing our first support at 3589 (horizontal overlap support, 76.4% Fibonacci retracement, 61.8% Fibonacci extension ) where a potential bounce might occur pushing price up to our major resistance at 4297 (horizontal swing high resistance, 61.8% fibonacci extension, 23.6% Fibonacci retracement).
Stochastic (34, 5, 3) is testing 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 (34, 5, 3) is testing 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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