Technical analysis BTCUSD for 13.09.2022
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart
The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains 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 21675. The closest resistance is the level 22400
Key levels
- 24250, 23375, 22400, 21675, 20950
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 22400, with Take Profit of 23375 and Stop Loss of 21675
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 21675, with Take Profit of 20950 and Stop Loss of 22400
Nikolai Krishtopov is a Market Analyst at Investizo with more than 15 years of experience in the financial markets industry and over a decade of trading experience. His areas of focus include forex and crypto markets, technical analysis, intraday trading and market behaviour.