BITCOIN TECHNICAL ANALYSIS AND INTRADAY LEVELS 28 JANUARY

By trade60 | trade60 | 28 Jan 2022


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This week Bitcoin has moved in a range with a high of 38920 and a low of 32917. We are always below the moving average at 50 and 200 with the crossing made on January 14 and highlighted in a previous article. What should you expect? It is becoming increasingly clear that BTC is not behaving as an anti-inflationary asset but increasingly related to the financial markets. I don't know if we have reached a minimum but at these levels it is good for holders to set orders in steps to accumulate in DCA or use a trading bot like those of Kucoin. If we do not exceed area 42500 the trend remains negative. Maintain liquidity and trade intraday to take advantage of any breakout movements. In this regard, as always, I report today's levels:

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For the interpretation of the levels and the construction of the excel sheet, you can consult my book which is in Italian but easily translatable: https://www.amazon.it/dp/B09QRXJCDQ 

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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