Daily Technical Report 3-7-2024

Technical Analysis

By Shady Fouad On Jul 3, 2024

BTCUSD

Bitcoin is testing the important support zone of $60,500-$61,000, where prices are likely to bounce back up from this area. This scenario is invalidated if the aforementioned support zone is broken to the downside.

Support	61000	60500	59800
Resistance	62000	62800	63800

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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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