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BTCUSD 24-10-2023 .

Technical Analysis
By Shady Fouad
0 36

BTCUSD 24-10-2023 .

The prices are in uptrend  on the medium-term, as they have successfully broken through a key resistance level. With this breakthrough, buyers have shown strength, leading to a rapid increase in prices during morning trading session. Prices are now approaching a resistance zone within the range of 35800, which could potentially slow down the upward momentum.

Support

 31800 – –
Resistance 35800 –

–

 

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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