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ETH/USD Wyckoff Distribution Update
ETHUSD
, 15
Short
ETHUSD: ETH/USD Wyckoff Distribution Update

A simple analysis that matches our yesterday view about Shorting the ETH. We are now waiting for the breaking of the support line and the pullback, but everything seem to fit. A shakeout with a good volume is there and the possibility of seeing the schematic completing is high. Updates will take place until we reach to a position call. Our idea fits nice with the...

ETH/USD Wyckoff Schematic vol. 2.1
ETHUSD
, 15
ETHUSD: ETH/USD Wyckoff Schematic vol. 2.1
Updated 

This is the way that keeps up with the Distribution chance. Things are still running on Phase B and we are waiting for further information to favour between Accumulation and Distribution. A breakout and its evaluation will make our final decision.

ETH/USD Wyckoff Schematic vol.2
ETHUSD
, 15
ETHUSD: ETH/USD Wyckoff Schematic vol.2
Updated 

After testing the edge and making the bounce back to the top this analysis is favouring the bullish scenario. Volumes are confirmative and a Breakout with a successful pullback will definitely add to the Long scenario.

ETH/USD Wyckoff Schematic
ETHUSD
, 15
ETHUSD: ETH/USD Wyckoff Schematic
Updated 

A simple Wyckoff pattern on ETH/USD and may provide some value. The aggressive breaking of the bottom edge will provide a clue about the side we will favour and the latter pullback will lock our thought in. Even though our for now analysis is favouring short position the pullback will define our mind, as a strong pullback can turn things bullish making the...

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