Technical analysis BTCUSD for 15.03.2023
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 24550. The closest resistance is the level 24950
Key levels
- 26000, 25350, 24950, 24550, 24150, 23700
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 24550, with Take Profit of 24950 and Stop Loss of 24150
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 24150, with Take Profit of 23700 and Stop Loss of 24550
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.