Daily Technical Report 10-10-2024

Technical Analysis

By Shady Fouad On Oct 10, 2024

BTCUSD

Bitcoin dropped in yesterday’s trading, with prices reaching near the $59,500 support zone. It is likely that prices will rebound upwards and retest the $63,870 resistance zone. This scenario will be invalidated if prices break below the aforementioned support zone.

Support	59500	57500	56125
Resistance	62350	63870	66400

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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.

Daily Technical Report 9-10-2024

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