BTCUSD is approaching our first support at 6456 (horizontal swing low support, 100% Fibonacci extension, 78.6% Fibonacci retracement) and a strong bounce might occur above this level pushing price up to our major resistance at 7424 (horizontal swing high resistance, 61.8% Fibonacci extension, 76.4% Fibonacci retracement).
Stochastic (55,5,3) is also approaching support and we might see a corresponding bounce in price.
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