Technical analysis BTCUSD for 26.05.2022
26.05.2022 08:39
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ready to roll over from ascending to descending. Instrument entered the cloud. The closest support is the level 28725. The closest resistance is the level 29750
Key levels
- 31600, 30650, 29750, 28725, 27675, 26650
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 29750, with Take Profit of 28725 and Stop Loss of 30650
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 30650, with Take Profit of 31600 and Stop Loss of 29750
Scenario
Recommendation
SELL LIMIT
Entry Point
29750
Take Profit
28725
Stop Loss
30650
Key Levels
31600, 30650, 29750, 28725, 27675, 26650
Alternative scenario
Recommendation
BUY STOP
Entry Point
30650
Take Profit
31600
Stop Loss
29750