Technical analysis BTCUSD for 10.01.2022
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