I rarely analyze the market, but this situation is indeed a great opportunity to go short. The 4-hour level has touched the descending trend line, and the 15-minute level shows a trend of volume-price divergence.
TMD all day conspiracy theories are useless. ETH is plummeting with huge volume, but OM remains unchanged, which can only indicate that there are protective funds. The price is unwilling to go down, so it can only go up. I don't care about your left hand flipping to the right hand; isn't it better to follow the direction of the main funds and enjoy the gains?
#ETH Based on the VCP pattern view, the magnitude of each pullback will shrink to half of the previous one. If there is another pullback, go short at the intersection of the downtrend line and resistance, with a stop loss at 5-6%.
EXmagnum
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#ETH
From my perspective, ETH is currently moving in a relatively steep VCP pattern, and it is about to complete the fourth pullback. Each pullback in magnitude and trading volume is indeed decreasing, and the chips are gradually concentrating. But will this be the last pullback?
Only when the trend line achieves a breakout with volume will it be the right time to firmly go long.
From my perspective, ETH is currently moving in a relatively steep VCP pattern, and it is about to complete the fourth pullback. Each pullback in magnitude and trading volume is indeed decreasing, and the chips are gradually concentrating. But will this be the last pullback?
Only when the trend line achieves a breakout with volume will it be the right time to firmly go long.
Arranjo da linha K: O aumento nos pontos altos é bloqueado, o aumento nos pontos baixos termina e é bloqueado perto de 0,213. Este é o início da coluna de oferta que caiu antes.
Volume de negociação: subindo e diminuindo, aumentando o volume quando a última corrida para formar uma alta paralela, qualquer pessoa que conheça Wyckoff deve saber o que isso significa
Arranjo da linha K: O aumento nos pontos altos é bloqueado, o aumento nos pontos baixos termina e é bloqueado perto de 0,213. Este é o início da coluna de oferta que caiu antes.
Volume de negociação: subindo e diminuindo, aumentando o volume quando a última corrida para formar uma alta paralela, qualquer pessoa que conheça Wyckoff deve saber o que isso significa