Technical analysis BTCUSD for 01.02.2022
01.02.2022 16:12
Intraday
Technical
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 descending. Instrument has broken through the upper border of the cloud and continued to grow. The closest support is the level 38230. The closest resistance is the level 39500
Key levels
- 43540, 41050, 39500, 38230, 37000, 35500, 33000, 31400
Trading scenario
- Recommended opening long positions (Buy Limit) from the level of 38230, with Take Profit of 39500 and Stop Loss of 37000
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 37000, with Take Profit of 35500 and Stop Loss of 38230
Scenario
Recommendation
BUY LIMIT
Entry Point
38230
Take Profit
39500
Stop Loss
37000
Key Levels
43540, 41050, 39500, 38230, 37000, 35500, 33000, 31400
Alternative scenario
Recommendation
SELL STOP
Entry Point
37000
Take Profit
35500
Stop Loss
38230