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BTCUSD 29-11-2023

Technical Analysis
By Shady Fouad
0 28

BTCUSD 29-11-2023

The prices are currently trending upwards on the medium-term, and have successfully broken through the previous important resistance level of 35,800. This breakthrough opens the path to further targets that may reach 40,000. However, in the short term, prices are moving sideways between the support and resistance zones of 38,000 and 35,800 respectively.

Support

 35800 33500 33150
Resistance 38000 40000

43500
Shady Fouad

Shady Fouad is a technical analyst at LDN Company
Shady's strategic vision in the currency markets is reinforced by more than fifteen years of trading experience, which enables him to blend economic and technical analyzes with high efficiency, and find the best investment ideas for traders.

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