ETH READY TO PUMP HIGHER?1/4 Hour ETHUSD trend analysis
- ETH might be going through its correction (whale want dip at lower price)
- Minor drop to 1 Hour Demand Zone, may short if LPSY formed
- Or wait for price hits 1 Hour Demand Zone and Long
- Take profit when it hits 1Hour Supply Zone ( could wait for signs showing Supply Zone mitigation played out, or else, partial it and see if it will push up higher) It might pump to new high if Supply Zone mitigation failed
OR
- If Supply Zone has been mitigated, signs shows price drop (based on structure, wyckoff and more price action confluences), Short it
- Take profit at Long Wick, whale might want to push it to the previous long wick and close their previous short order
- If price action shows long confluences, long it and take profit at new supply zone
- If it mitigates the supply zone and drop, short it and take profit at 4 Hour Demand Zone or it might pump to new high
- Once the price hits the 4 Hour Major Demand Zone, wait for price action confluences shows whale is ready to pump up after psuhing price up and down to clear liquidity, collect orders, dip at lower price
-the 4 Hour Major Demand Zone is crucial point for the pump up
