BTCUSD 5-2-2024

Technical Analysis

By Shady Fouad On Feb 5, 2024

BTCUSD 5-2-2024.

prices reached the $43,500 region in recent trading sessions, and it was expected that selling pressure would appear in this area, limiting the corrective upward movement. In this scenario, there is a possibility of retesting the $40,000 region once again.

Support	41600	40000	38500
Resistance	43500	44750	48000

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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