WyckoffMode

Downward Pressure Continue to Mid August in Tight Trading Range.

POLONIEX:ETHUSD   Ethereum
What I intend to convey with the title is we likely continue with downward pressure to the 3-Day Candle beginning August 13, 2020. Which would consist of the following dates: August 13, 14 and 15th respectively. Does this mean the price action must fall significantly during this time? No... I do not anticipate a chance for a significant drop to begin until last week of August or first week of September. So, downward pressure in the short to near term till mid August before resuming upward pressure once again to take us to higher highs more than likely to last week of August or first week of September.

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