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lobarb

ETH Wyckoff Distribution

lobarb Updated   
BITMEX:ETHUSD   None
Trend Analysis Harmonic Patterns Chart Patterns Bitcoin (Cryptocurrency) etherum ETH BTC wyckoff
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trendanalysis harmonicpatterns chartpattern bitcoin etherum eth btc wyckoff
Etherum seems to be distributing after a very strong move up - following corn. We're headed for UT and UTAD test. Only safe play here is to short the sweep of the highs.

This distribution scheme isn't as clear on the Bitcoin chart. Do keep that in mind!

Good luck.
Comment:
Well corn dumped so ETH died a bit here, I still expect some more upside, but looking likely that local top is in
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