Bitcoin testing major resistance, watch for a potential reversal

Bitcoin has started to test major resistance at 11962 (ABC Fibonacci extension, 61.8% Fibonacci extension, horizontal swing high resistance) and a strong reaction could occur at this level to push price down to at least 9470 support (Fibonacci extension, horizontal swing low support).

Stochastic (55,5,3) is seeing major resistance at 96% where a corresponding reaction could occur.

Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.

Trade chiuso: obiettivo raggiunto:

Are we totally kicking some serious pipass with this trade or whut guys?

Also guys, get more real-time updates on my trading ideas here : t.me/tickmillroom