Technical analysis BTCUSDT for 17.11.2023
The Tenkan-sen line is located above the Kijun-sen line. Both lines are horizontal. Confirmatory line Chikou Span crossed and fixed below the price chart. In this case, the cloud is ascending. Instrument is trading below the Tenkan-se and Kijun-sen lines. The closest support is the level 35800. The closest resistance is the level 36575

Key levels
- 37300, 36575, 35800, 34950, 34250
Trading scenario
- Recommended opening long positions (Buy Stop) from the level of 36575, with Take Profit of 37300 and Stop Loss of 35800
Alternative scenario
- Recommended opening short positions (Sell Stop) from the level of 35800, with Take Profit of 34950 and Stop Loss of 36575