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Bitcoin
Short

BTCUSD Testing Resistance, Potential For A Reversal!

By ICmarkets
Broker
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.
Bitcoin (Cryptocurrency)BTCBTCUSDbtcusdshortChart PatternsForexforexsignalsHarmonic PatternsTrend AnalysisUSD
ICmarkets
Broker
IC Markets is an online forex broker specialized in providing transparent trading solutions to both retail and institutional investors alike. We provide superior execution technology, lower spreads and unrivaled liquidity.
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