Technical analysis BTCUSD for 09.09.2022

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 ready to roll over from descending to ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 20950. The closest resistance is the level 21500

Key levels
- 22300, 21500, 20950, 20350, 19725, 19100
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 21500, with Take Profit of 22300 and Stop Loss of 20950
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 20950, with Take Profit of 20350 and Stop Loss of 21500