BTCUSD approaching support, potential bounce!

26 ธ.ค. 2018

BTCUSD is approaching our first support at 3690.7 (horizontal overlap support, 61.8% fibonacci extension, 61.8% fibonacci retracement) where a strong bounce might occur above this level pushing price up to our major resistance at 4405.5 (horizontal swing high resistance, 61.8% fibonacci extension, 23.6% fibonacci retracement).
Stochastic (21,5,3) is also approaching support and we might see a corresponding bounce in price.
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