Technical analysis BTCUSD for 29.06.2022

The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ready to roll over from descending to ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 19300. The closest resistance is the level 20300

Key levels

• 22600, 21200, 20300, 19300, 18000

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 20300, with Take Profit of 21200 and Stop Loss of 19800

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 19300, with Take Profit of 18000 and Stop Loss of 20300