BTCUSD Forecast, Ending EW Wave 2
Updated
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
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
Order cancelled
Bullish invalidationComment
This was a shocker, the 23325 was not strong enough.
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