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FX.co ★ BTCUSD, D1 | Major Bearish Reversal

BTCUSD, D1 | Major Bearish Reversal

Price is now testing a major resistance level at 1674 which is a multi-swing high resistance. A reversal from here could push prices down to 1357 which is an overlap support and a 61.8% Fibonacci retracement.

In terms of stop loss, we're looking at 1810 which is a recent swing high resistance. Stochastic is also close to a major resistance level too.

BTCUSD, D1 | Major Bearish Reversal

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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