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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.

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Losses can exceed the initial investment so please ensure you fully understand the risks.

Feragatname