Technical analysis BTCUSD for 03.06.2022

The Tenkan-sen line is located below the Kijun-sen line. Both lines are directed upwards. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support is the level 29810. The closest resistance is the level 30675

Key levels

• 32325, 31400, 30675, 29810, 28925, 27750

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 31400, with Take Profit of 32325 and Stop Loss of 30675

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 29810, with Take Profit of 28925 and Stop Loss of 30675