ozzy_livin

ETH Wyckoff Distribution

Short
ozzy_livin Updated   
BITSTAMP:ETHUSD   Ethereum
Was hoping ETH was going to reach new all time highs after the bullish action during the last 24hrs.... turns out it may have only been a UTAD test

Credit crypt0jack for suggesting this one on stream tonight - www.twitch.tv/crypt0jack
Comment:
LOL ... clicking play on this one is actually pretty great :)
Comment:
We may be seeing 2013 style double bubble. Keep your eyes on BTC and ETH. The next few days could get VERY BULLISH
Comment:
We just went from BULLISH to BEARISH in 24 hours

The 20% drop yesterday shows that we may soon see a much bigger drop.

BEARISH and waiting for a buying opportunity when Daily RSI gets below 20.
Comment:
That UTAD was a beast
Trade closed: target reached:
Wyckoff distribution target "almost" reached. Target was 2,350 and support was actually 2,650.

The bull market pushed to a new ATH, and we have entered a bear market for ETH. Expect prices to continue falling through summer of 2022


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