BTC 3 DAY Technical Analysis

2022년 2월 27일

Welcome to this quick update, everyone.
If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way.
I also post altcoin setups on Spot, Margin, and Futures.

I have tried my best to bring the best possible outcome in this chart.

Bitcoin is making a green candle on this 200D MA in the 3 days chart.
The candle closes in the next 31 hours.
TBH, That's a nice DOJI.
Once we see the weekly, as well as 3-day candle closing above $38k things, will get better in the short term.
Still, It's hard to say that correction is over.

CONCLUSION:- BTC looks bullish in the short term. But you gotta be very careful because either we are about to see a new parabolic run all the way to $100k+ or this will end up being a trap.
In both scenarios, there are some confirmations for which we will wait and I will keep you posted.



What's your thought on this?
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Thank you


#PEACE

2022년 2월 27일

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