BTCUSD approaching support, potential bounce!

4 ม.ค. 2019

BTCUSD is approaching our first support at 3667 (horizontal overlap support, 61.8% Fibonacci retracement, 61.8% Fibonacci extension ) where a strong bounce might occur pushing price up to our major resistance at 4099 (horizontal swing high resistance, 61.8% fibonacci retracement).
Stochastic (21,5,3) is also approaching our support where we might see a corresponding bounce in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.