Our Medium Term Trend Model has gone bearish recently, and current price action also confirm that the market is currently bearish. Using our Peak & Valley indicator for levels and the Liquidity Weighted Moving Averages for trend analysis, we have determined 4 possible price paths
BTCUSD can take over the next few days:
1) retest 42.6k and dip to 38k
2) retest 42.6k, dips below 40.5k before retesting and going to 38k
3) retest 41.8k and dip to 38k
4) retest 41.8k, dips below 40.5k before retesting and going to 38k
Should any of these possibilities play out, remember to use confirmation from other forms of analysis such as reversal or sensitive indicators to confirm price is rejecting those levels
1) retest 42.6k and dip to 38k
2) retest 42.6k, dips below 40.5k before retesting and going to 38k
3) retest 41.8k and dip to 38k
4) retest 41.8k, dips below 40.5k before retesting and going to 38k
Should any of these possibilities play out, remember to use confirmation from other forms of analysis such as reversal or sensitive indicators to confirm price is rejecting those levels
🔱Get 50% off EVERYTHING for Mothers' Day!🔱(Ends soon!)
Code: HMD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
Code: HMD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
🔱Get 50% off EVERYTHING for Mothers' Day!🔱(Ends soon!)
Code: HMD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
Code: HMD25
🚨Get premium: algoalpha.io
🛜Get FREE signals: discord.gg/xCmqTVRexz
❓Do you have feedback or indicator ideas? Join our server to tell us about it!
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.