Technical analysis BTCUSD for 05.09.2022
Tenkan-sen and Kijun-sen lines are merged. 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 resistance is the level 20350.00. The closest support is the level 19360.00

Key levels
- 21500.00, 20950.00, 20350.00, 19360.00, 18825.00, 18260.00
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 20350.00, with Take Profit of 20950.00 and Stop Loss of 19810.00
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 19360.00, with Take Profit of 18825.00 and Stop Loss of 19810.00