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BTCUSD approaching support, potential bounce!

BTCUSD is approaching our first support at 4024.7 (horizontal overlap support, 61.8% Fibonacci extension, 38.2% Fibonacci retracement) where a strong bounce might occur to our major resistance at 4164.2 (horizontal swing high resistance, 76.4% Fibonacci retracement).
Stochastic (34,5,3) is also approaching support where we might see a corresponding bounce 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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