Technical analysis BTCUSDT for 19.09.2024

The Tenkan-sen line is located above the Kijun-sen line. Red is directed upwards, while blue remains horizontal. Confirmatory line Chikou Span is above the price chart. In this case, the cloud is ascending. Instrument is trading above the Tenkan-se and Kijun-sen lines. The closest support is the level 60500. The closest resistance is the level 60900

Key levels

• 61400, 60900, 60500, 60000, 59500

Trading scenario

• Recommended opening long positions (Buy Stop) from the level of 60900, with Take Profit of 61400 and Stop Loss of 60500

Alternative scenario

• Recommended opening short positions (Sell Stop) from the level of 60500, with Take Profit of 60000 and Stop Loss of 60900