Technical analysis BTCUSDT for 11.11.2024
11.11.2024 04:45
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 79000. The closest resistance is the level 82000
Key levels
74000, 77000, 79000, 82000, 842000
Trading scenario
Recommended opening long positions (Buy Limit) from the level of 79000, with Take Profit of 842000 and Stop Loss of 77000
Alternative scenario
Recommended opening short positions (Sell Limit) from the level of 82000, with Take Profit of 74000 and Stop Loss of 842000
Scenario
Recommendation
BUY LIMIT
Entry Point
79000
Take Profit
842000
Stop Loss
77000
Key Levels
74000, 77000, 79000, 82000, 842000
Alternative scenario
Recommendation
SELL LIMIT
Entry Point
82000
Take Profit
74000
Stop Loss
842000