BTCUSD is approaching our first resistance at 4288.5 (horizontal swing high resistance, 61.8% Fibonacci extension) where a strong drop might occur to our major support at 3949.7 (horizontal overlap support, 38.2% Fibonacci retracement).
Stochastic (34,5,3) is also approaching resistance where 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.

BTCbtcusdllongbtcusdshortChart PatternsHarmonic PatternsTrend AnalysisUSD

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