Technical analysis BTCUSD for 24.06.2022

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 descending. Instrument entered the cloud. The closest resistance is the level 21160.00. The closest support is the level 20420.00

Key levels

• 22480.00, 21670.00, 21160.00, 20420.00, 19830.00, 19040.00

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 21160.00, with Take Profit of 21670.00 and Stop Loss of 20650.00

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 20420.00, with Take Profit of 19830.00 and Stop Loss of 20650.00