BTCUSD approaching support, potential bounce!

2018년 9월 10일

BTCUSD is approaching our first support at 5791 (horizontal swing low support, 61.8% Fibonacci extension) where a strong bounce might occur above this level pushing price up to our major resistance at 6804 (horizontal overlap resistance, 61.8% Fibonacci extension, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support where a bounce off this level might see a corresponding rise in price.
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