After a large sell off, ETH has been consolidating (accumulation) at a previous Demand area between $1800-2500 USD, with strong Daily rejection candles off the low.
Now we are seeing the big picture play out with Wyckoff Phase A and B ending and Phase C starting to take place.
Compare this with the Accumulation Schematic #2 of Wyckoff Events and Phases. school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Long ETH
Now we are seeing the big picture play out with Wyckoff Phase A and B ending and Phase C starting to take place.
Compare this with the Accumulation Schematic #2 of Wyckoff Events and Phases. school.stockcharts.com/doku.php?id=market_analysis:the_wyckoff_method
Long ETH
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.