Technical analysis ETHUSDT for 22.09.2023
22.09.2023 01:08
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. 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 resistance is the level 1636.00. The closest support is the level 1539.20
Key levels
- 1733.80, 1684.10, 1636.00, 1539.20, 1490.80
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 1636.00, with Take Profit of 1684.10 and Stop Loss of 1585.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 1539.20, with Take Profit of 1490.80 and Stop Loss of 1585.00
Scenario
Recommendation
BUY STOP
Entry Point
1636.00
Take Profit
1684.10
Stop Loss
1585.00
Key Levels
1733.80, 1684.10, 1636.00, 1539.20, 1490.80
Alternative scenario
Recommendation
SELL STOP
Entry Point
1539.20
Take Profit
1490.80
Stop Loss
1585.00