Technical analysis BITUSD for 01.12.2021
01.12.2021 09:49
Intraday
Technical
The Tenkan-sen line is located above 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 ascending. Instrument is traded between Tenkan-se and Kijun-sen lines. The closest support and resistance levels are Kijun-sen and Tenkan-se, respectively. The closest support is the level 53980
Key levels
- 68780, 62080, 59600, 57680, 53980, 50800.46500
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 57680, with Take Profit of 59600 and Stop Loss of 54667.50
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 53980, with Take Profit of 50800 and Stop Loss of 57680
Scenario
Recommendation
BUY STOP
Entry Point
57680
Take Profit
59600
Stop Loss
54667.50
Key Levels
68780, 62080, 59600, 57680, 53980, 50800.46500
Alternative scenario
Recommendation
SELL STOP
Entry Point
53980
Take Profit
50800
Stop Loss
57680