Technical analysis BTCUSDT for 30.09.2024
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart
The Tenkan-sen line is located below the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 63700. The closest resistance is the level 64800
Key levels
- 65450, 64800, 63700, 62900, 61850
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 63700, with Take Profit of 64800 and Stop Loss of 62900
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 62900, with Take Profit of 61850 and Stop Loss of 63700
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.