BTC/USD Seeks Further Upward Momentum: Sally Ho’s Technical Analysis – 3 December 2022
Bitcoin (BTC/USD) worked to retain gains early in the Asian session as the pair traded as high as the 17317.80 area before ceding some gains and testing the 16879 area multiple times, a level that represents the 23.6% retracement of the appreciating range from 15460 to 17317.80. Additional downside retracement levels in this appreciating range include the 16608, 16388, 16169, 15898, and 15857 levels. Traders are monitoring upside areas of potential technical resistance and selling pressure including the 17791, 18495, 19199, 20070, and 20201 levels. If recent upside momentum reverses, traders may test recent two-year lows around the 15460 level established after Stops were elected below the 15512 area, a previous relative low that represented an exact bearish price objective based on selling pressure that strengthened around the 21478.80 and 18495.50 areas.
Associated downside price ob
We współpracy z: https://cryptodaily.co.uk/2022/12/bitcoin-price-analysis-action-at-16879-3-december-2022
