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BTCUSD 16-10-2023 .

Technical Analysis
By Shady Fouad
0 52

BTCUSD 16-10-2023 .
In the short term, prices are moving within a sideways range below an important resistance levels around the 28,000 range. If this area is breached, the next target could be around 30,000. However, if this scenario fails, we may test the major support level at around 25,000 range.

Support

 25800 24800 –
Resistance 28200 30000

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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.

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