Technical analysis BTCUSD for 15.03.2023

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 24550. The closest resistance is the level 24950

Key levels

• 26000, 25350, 24950, 24550, 24150, 23700

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 24550, with Take Profit of 24950 and Stop Loss of 24150

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 24150, with Take Profit of 23700 and Stop Loss of 24550