BTCUSD Testing Resistance, Potential For A Reversal!
BTCUSD is testing its resistance at 7641 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap resistance) where a reaction could potentially occur, causing price to fall to its support at 7440 (61.8% Fibonacci extension, horizontal swing low support).
Stochastic (55, 5, 3) is approaching its resistance at 90% where a corresponding reversal could occur.
Stochastic (55, 5, 3) is approaching its resistance at 90% where a corresponding reversal could occur.
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