BTCUSD is approaching our first support at 5877 (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 6827 (horizontal overlap resistance, 38.2% Fibonacci retracement).
Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.
Stochastic (89,5,3) is also approaching support and we might see a corresponding rise in price should it bounce off this level.