Technical analysis BTCUSDT for 11.12.2023
11.12.2023 16:37
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 41400. The closest resistance is the level 42325
Key levels
- 43350, 42825, 42325, 41400, 40750
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 43350, with Take Profit of 41400 and Stop Loss of 42825
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 42825, with Take Profit of 43350 and Stop Loss of 43350
Scenario
Recommendation
SELL LIMIT
Entry Point
43350
Take Profit
41400
Stop Loss
42825
Key Levels
43350, 42825, 42325, 41400, 40750
Alternative scenario
Recommendation
BUY STOP
Entry Point
42825
Take Profit
43350
Stop Loss
43350