Technical analysis BTCUSD for 15.12.2022

15.12.2022 18:49
Intraday
Technical

The Tenkan-sen line is located above the Kijun-sen line. Red is directed downward, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 17707.30. The closest support is the level 17094.20

Key levels

  • 18089.70, 17898.50, 17707.30, 17094.20, 16830.50, 16507.50

Trading scenario

  • Recommended opening long positions (Buy Stop) from the level of 17707.30, with Take Profit of 17898.50 and Stop Loss of 17400.00

Alternative scenario

  • Recommended opening short positions (Sell Stop) from the level of 17094.20, with Take Profit of 16830.50 and Stop Loss of 17400.00
Scenario
Recommendation
BUY STOP

Entry Point
17707.30

Take Profit
17898.50

Stop Loss
17400.00

Key Levels
18089.70, 17898.50, 17707.30, 17094.20, 16830.50, 16507.50
Alternative scenario
Recommendation
SELL STOP

Entry Point
17094.20

Take Profit
16830.50

Stop Loss
17400.00