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
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
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Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.