BITCOIN | Still Bullish for the Week of February 26, 2023
BITCOIN TA
Even though the recent downtrend may seem bearish in nature; I believe that is was just the retracement from the BIG PICTURE WAVE 3.
The retracement down to the 62.8 Fib Level formed WAVE 4 which was supported by previous buy/sell / DEMAND level also indicated by the Volume Profile.
Given that there is not much macro information being released this week, we could see a 5 wave move up to complete WAVE 5.
**Not Financial Advice** - Just my take on things.
Let me know what you think! Leave a LIKE and/or COMMENT.
Even though the recent downtrend may seem bearish in nature; I believe that is was just the retracement from the BIG PICTURE WAVE 3.
The retracement down to the 62.8 Fib Level formed WAVE 4 which was supported by previous buy/sell / DEMAND level also indicated by the Volume Profile.
Given that there is not much macro information being released this week, we could see a 5 wave move up to complete WAVE 5.
**Not Financial Advice** - Just my take on things.
Let me know what you think! Leave a LIKE and/or COMMENT.
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Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.