Technical analysis BTCUSDT for 30.08.2024
30.08.2024 16:55
Intraday
Technical
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 58700. The closest resistance is the level 59600
Key levels
- 61200, 60350, 59600, 58700, 58200, 57600
Trading scenario
- Recommended opening short positions (Sell Limit) from the level of 59600, with Take Profit of 58700 and Stop Loss of 60350
Alternative scenario
- Recommended opening long positions (Buy Stop) from the level of 60350, with Take Profit of 61200 and Stop Loss of 59600
Scenario
Recommendation
SELL LIMIT
Entry Point
59600
Take Profit
58700
Stop Loss
60350
Key Levels
61200, 60350, 59600, 58700, 58200, 57600
Alternative scenario
Recommendation
BUY STOP
Entry Point
60350
Take Profit
61200
Stop Loss
59600