BTCUSD reversed off resistance, potential for further drop!
BTCUSD reversed off our first resistance at 3567 (50% Fibonacci retracement, horizontal swing high resistance) where a further drop might occur below this level pushing price to our major support at 3088 (61.8% fibonacci extension, horizontal overlap support).
Stochastic (21, 5, 3) has reversed off resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Stochastic (21, 5, 3) has reversed off resistance and we might see a corresponding drop in price.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
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