Technical analysis BTCUSDT for 10.11.2023

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 36550. The closest resistance is the level 37750

Key levels

• 38800, 37750, 36550, 35825, 34850

Trading scenario

• Recommended opening long positions (Buy Limit) from the level of 36550, with Take Profit of 37750 and Stop Loss of 35825

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 35825, with Take Profit of 34850 and Stop Loss of 36550