Technical analysis BTCUSD for 03.06.2022

03.06.2022 09:10
Intraday
Technical

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
Scenario
Recommendation
BUY STOP

Entry Point
31400

Take Profit
32325

Stop Loss
30675

Key Levels
32325, 31400, 30675, 29810, 28925, 27750
Alternative scenario
Recommendation
SELL STOP

Entry Point
29810

Take Profit
28925

Stop Loss
30675