Technical analysis BTCUSDT for 14.08.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 25831.40. The closest support is the level 23249.90

Key levels
- 27699.30, 25831.40, 23249.90, 21445.10, 196400.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 25831.40, with Take Profit of 27699.30 and Stop Loss of 24532.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 23249.90, with Take Profit of 21445.10 and Stop Loss of 24532.00