BTCUSD 22-1-2024

Technical Analysis

By Shady Fouad On Jan 22, 2024

BTCUSD 22-1-2024.

Prices declined after reaching the target of 48000, breaking important support areas in the range of 44750. It is likely that the previously mentioned zones will act as resistance, . The 40000 zone remains a crucial support, and breaking it to the downside may lead to a rapid decline in prices.

Support	40000	37800	35000
Resistance	42000	43800	44750

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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