Market Analysis of BTCUSDT on Friday 29 NOVEMBER 2024

2024-11-29 19:00Fonte:BtcDana

BTCUSDT TECHNICAL ANALYSIS SHORT TERM VIEW    


BTCUSDT running in positive trend and its immediate strong support area  are 94750 to 95680 level .  Stop loss is 94000 level and it can rise  for 99600 level in short term  . Intraday purpose buying is better for targets 96400, 96600 and 97000 levels respectively with stop loss 94000 level.


QUICK FUNDAMENTAL LOOK                                                                    


Bitcoin rebounded 6.25% from its local low of $90,742 to above $96,000 on Nov. 29 as onchain data suggested whales “took advantage” of discounted prices this week.


POC = Risk is a part of trading, use caution when placing orders and take market advice only into account .

Mais