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.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.