Technical analysis BTCUSDT for 06.12.2023
06.12.2023 16:39
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 43650. The closest resistance is the level 45550
Key levels
- 47000, 45550, 43650, 42625, 41000
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 43650, with Take Profit of 45550 and Stop Loss of 42625
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 42625, with Take Profit of 41000 and Stop Loss of 43650
Scenario
Recommendation
BUY LIMIT
Entry Point
43650
Take Profit
45550
Stop Loss
42625
Key Levels
47000, 45550, 43650, 42625, 41000
Alternative scenario
Recommendation
SELL STOP
Entry Point
42625
Take Profit
41000
Stop Loss
43650