Technical analysis BTCUSDT for 10.11.2023
10.11.2023 16:19
Intraday
Technical
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 36550. The closest resistance is the level 37750
Key levels
- 38800, 37750, 36550, 35825, 34850
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 36550, with Take Profit of 37750 and Stop Loss of 35825
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 35825, with Take Profit of 34850 and Stop Loss of 36550
Scenario
Recommendation
BUY LIMIT
Entry Point
36550
Take Profit
37750
Stop Loss
35825
Key Levels
38800, 37750, 36550, 35825, 34850
Alternative scenario
Recommendation
SELL STOP
Entry Point
35825
Take Profit
34850
Stop Loss
36550