Looks like the Eth 30% drops are inevitable.
Price stalled at an order block with a bear divergence on the volume delta (the color candles) outside the VA are on the volume profile of the whole range.
A 30% drop would send the price to the POC of 1220. There's a big gap in the volume profile between 1450 and 1350 so no buys should be coming in between those prices.
1450,1350,1280 and 1220 are the levels to watch.
Price stalled at an order block with a bear divergence on the volume delta (the color candles) outside the VA are on the volume profile of the whole range.
A 30% drop would send the price to the POC of 1220. There's a big gap in the volume profile between 1450 and 1350 so no buys should be coming in between those prices.
1450,1350,1280 and 1220 are the levels to watch.
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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.