Technical analysis BTCUSD for 29.06.2022
29.06.2022 09:00
Intraday
Technical
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 ready to roll over from descending to ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 19300. The closest resistance is the level 20300
Key levels
- 22600, 21200, 20300, 19300, 18000
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 20300, with Take Profit of 21200 and Stop Loss of 19800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 19300, with Take Profit of 18000 and Stop Loss of 20300
Scenario
Recommendation
BUY STOP
Entry Point
20300
Take Profit
21200
Stop Loss
19800
Key Levels
22600, 21200, 20300, 19300, 18000
Alternative scenario
Recommendation
SELL STOP
Entry Point
19300
Take Profit
18000
Stop Loss
20300