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Wednesday, March 1, 2023

BTCUSD Forecast, Ending EW Wave 2

BTCUSD Forecast, Ending EW Wave 2

Bitcoin / U.S. dollar BITSTAMP:BTCUSD

Hello there,

BTCUSD reached a level of resistance at the high of 23842.19 on February 24th, and, it is likely to fall to the extremes of 23200 for a bullish pullback up to 23736 and 24027.31 price levels, for a bias of 24270.

Overall direction is bullish

*A combination of momentum indicators were used, Daily againt the H4 momentum, and H4 against the H1 momentum. best followed with RSI

Via TradingView Ideas

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