Technical analysis BTCUSD for 05.05.2022

05.05.2022 09:29
Intradía
Técnico

Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 38770. The closest resistance is the level 39740

Key levels

  • 42780, 41740, 40740, 39740, 38770, 37500

Trading scenario

  • Recommended opening short positions (Sell Limit) from the level of 39740, with Take Profit of 38770 and Stop Loss of 40300

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 40740, with Take Profit of 41740 and Stop Loss of 39740
Guión
Recomendación
SELL LIMIT

Punto de entrada
39740

Take Profit
38770

Stop Loss
40300

Niveles clave
42780, 41740, 40740, 39740, 38770, 37500
Escenario alternativo
Recomendación
BUY STOP

Punto de entrada
40740

Take Profit
41740

Stop Loss
39740