Technical analysis BTCUSD for 10.01.2022
10.01.2022 10:45
Intraday
Technical
The Tenkan-sen line is located below the Kijun-sen line. 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 41725. The closest resistance is the level 44150
Key levels
- 51960, 50450, 48925, 47050, 45500, 44150, 41725, 40600, 37560
Trading scenario
- Recommended opening short positions (Sell Stop) from the level of 40600, with Take Profit of 37560 and Stop Loss of 41725
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 44150, with Take Profit of 47050 and Stop Loss of 43000
Scenario
Recommendation
SELL STOP
Entry Point
40600
Take Profit
37560
Stop Loss
41725
Key Levels
51960, 50450, 48925, 47050, 45500, 44150, 41725, 40600, 37560
Alternative scenario
Recommendation
BUY STOP
Entry Point
44150
Take Profit
47050
Stop Loss
43000