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BTCUSD Testing Support, Prepare For A Bounce!
BTCUSD is testing its support at 7481 (61.8% & 38.2% Fibonacci retracement, horizontal overlap support, ascending channel support) where price could rise to its resistance at 7729 (61.8% Fibonacci extension, 38.2% & 23.6% Fibonacci retracement, horizontal swing high resistance).
Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
Stochastic (55, 5, 3) is approaching its support at 4.6% where a corresponding bounce could occur.
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