Technical analysis BTCUSD for 19.09.2022

19.09.2022 18:31
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 traded between Tenkan-se and Kijun-sen lines. The closest support is the level 19100. The closest resistance is the level 19650

Key levels

  • 20350, 19650, 19100, 18400, 17575

Trading scenario

  • Recommended opening short positions (Sell Stop) from the level of 19100, with Take Profit of 18400 and Stop Loss of 19650

Alternative scenario

  • Recommended opening long positions (Buy Stop) from the level of 19650, with Take Profit of 20350 and Stop Loss of 19100
Scenario
Recommendation
SELL STOP

Entry Point
19100

Take Profit
18400

Stop Loss
19650

Key Levels
20350, 19650, 19100, 18400, 17575
Alternative scenario
Recommendation
BUY STOP

Entry Point
19650

Take Profit
20350

Stop Loss
19100