Technical analysis BTCUSD for 22.09.2022
22.09.2022 09:01
Intraday
Technical
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 18400. The closest resistance is the level 19100
Key levels
- 20350, 19650, 19100, 18400, 17575
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 18400, with Take Profit of 17575 and Stop Loss of 19650
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 19100, with Take Profit of 20350 and Stop Loss of 18400
Scenario
Recommendation
SELL STOP
Entry Point
18400
Take Profit
17575
Stop Loss
19650
Key Levels
20350, 19650, 19100, 18400, 17575
Alternative scenario
Recommendation
BUY STOP
Entry Point
19100
Take Profit
20350
Stop Loss
18400