Technical analysis BTCUSD for 15.07.2022

The Tenkan-sen line is located above the Kijun-sen line. Red is directed up, while blue is directed down. Confirmatory line Chikou Span is below the price chart. In this case, the cloud is descending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 20200. The closest resistance is the level 21000

Key levels

• 22100, 21550, 21000, 20200, 19600, 19000

Trading scenario

• Recommended opening short positions (Sell Limit) from the level of 21000, with Take Profit of 20200 and Stop Loss of 21550

Alternative scenario

• Recommended opening long positions (Buy Stop) from the level of 21550, with Take Profit of 22100 and Stop Loss of 21000