BTCUSD Potential bullish rise | 25th Apr 2022

With price expected to bounce off the stochastic indicator, we have a bullish bias that price will rise to our take profit at 41313 in line with the 61.8% Fibonacci retracement from our entry of 38742 in line with the swing low support. Alternatively, price may break entry structure and head for our stop loss where the 127.2% Fibonacci extension is at 37379.

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