Technical analysis BTCUSDT for 21.08.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are directed downward. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest resistance is the level 25789.40. The closest support is the level 23208.00

Key levels
- 27468.40, 25789.40, 23208.00, 21486.90, 19808.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 25789.40, with Take Profit of 27468.40 and Stop Loss of 24532.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 23208.00, with Take Profit of 21486.90 and Stop Loss of 24532.00