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.