BITCOIN TECHNICAL ANALYSIS AND INTRADAY LEVELS 28 FEBRUARY

By trade60 | trade60 | 28 Feb 2022


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Hello, I find it difficult to understand the movements of Bitcoin in this period with a war in progress. Can technical analysis help us at this moment? I don't know but we can certainly use the volatility to our advantage. We are still below the 50-day SMA (38275) and below the 200-day SMA (38477) which represent the next resistance channel. The next support is found in the area 37500 and area 36500.

As usual, I report the weekly levels to be observed and the levels for intraday trading:

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For the interpretation of the levels and the construction of the excel sheet that I always publish, and my trading method, you can consult the book in Italian and English: https://www.amazon.it/dp/B09QRXJCDQ  https://www.amazon.com/dp/B09RHH9PVH 

Log in to Publish0x:

https://www.publish0x.com/?a=oQeZ4DR6bp

Open an account with Kucoin use my code: https://www.kucoin.com/ucenter/signup?rcode=rJEUMUV 

Open a Coinbase account to get bonuses 10$

https://www.coinbase.com/join/carote_7

This article does not contain investment advice. Every investment and trading move carries a risk, readers should conduct their own research when making a decision.
THE OPINIONS EXPRESSED BY THE AUTHOR ARE FOR INFORMATION PURPOSES ONLY AND DO NOT CONSTITUTE FINANCIAL, INVESTMENT OR OTHER ADVICE.

Graphic: tradingview.com

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trade60
trade60

Sono un uomo di 60 anni, non lavoro da un bel pò di tempo e ora mi occupo a tempo pieno di trading e di cryptovalute


trade60
trade60

Mi occupo di analisi tecnica e trading sui mercati finanziari dal 2000, dal 2018 mi sono interessato alle criptovalute prima minandole e poi guadagnandole con qualche app/sito. Qui troverete informazioni utili sul trading, come guadagnare criptovalute dal nulla e come aprire wallet affidabili. Tutto questo senza fornire un servizio di consulenza ma di passione. Chi investe i propri soldi in operazioni finanziarie speculative si assume dei grossi rischi di perdere il capitale.

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