Based on the price levels of interest and how we reacted to them during the last weekly range projection, I suspect we will get price action similar to what I have plotted on the chart and listed in text form below as last week's range breakdown has shifted down our weekly range, and now we are looking to trade lower and perhaps open the week to a gap down in price. I also think the price could just crash below the ranges as the market is in the most bearish stae I'v seen since 2020, but so long as the market doesn't lose control, I think it will likely follow my plot pretty closely this week, otherwise it could just give us a straight line down.
$4,150 Monday
$4,195 Tuesday
$4,100 Wednesday
$4,165 Thursday
$4,000-$3,980
$4,150 Monday
$4,195 Tuesday
$4,100 Wednesday
$4,165 Thursday
$4,000-$3,980