Technical analysis BTCUSD for 22.09.2022
Tenkan-sen and Kijun-sen lines are merged. Both lines are horizontal. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 18400. The closest resistance is the level 19100

Key levels
- 20350, 19650, 19100, 18400, 17575
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 18400, with Take Profit of 17575 and Stop Loss of 19650
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 19100, with Take Profit of 20350 and Stop Loss of 18400