ETH is STILL in a PHASE B.
If I Consider 12.05.21 being a Climax (BC) and 19.05.21 an AR, Then my FORK is set in the Following way :
Creek > 4379$
ICE > 1400$
MID Range > 2480$
ST > 3990$ / 1700$
UA > 4877$
1. WHY THE COLLAPSE as of 18.06.22 is NOT A SPRING ?
Even if PA has reintegrated the FORK, to being considered a SPRING (PHASE C), it should (PA) at least kick the ST @ 3900$ before sitting on any LPS (Last Point of Support) and exit by the TOP.
IT DID NOT !!!!
Furthermore, and obviously, the Volume does not show any potential sign with full lack of Harmony (Weiss) to confirm being a SPRING.
Finally, after made an Elastic Jump, it only arrived to reach the VAH then slipped back seeking some potential Liquidity before to reintegrate it again...
Mathematical deduction >
If not a SPRING, what could it being a part Major SOW ?
If not a PHASE C, then still in the Observation Phase (B) !
2. "THE b Shape" and THE LVN.
Even if my Fork, defined in the introduction, is not really accurate, let's express the Volume Profile of the ACTUAL RANGE since January 21 !
Actual VAH > 2075$
Actual VAL > 1031$
Actual POC > 1564$
As you can deduct by yourself, PA has reintegrated the FORK defined by the Fixed Range Volume Profile. There is NO JAC; No bounce, even for testing above the MID range of my initial FORK...
If reintegrated, then ST (1700$) should be the KEY, and POC might be visited again.
WHY it might be visited ? I have a big conviction that the LVN below this POC (1564$/1270$) should be closed ! I think it should be obvious for everyone who understand what the analyze of the volume profile really shows !
THE story of "b Shape".
It is not really over ! I agree ! Yes of course the PA should visit above the MID Range (2480+).
It should... When ? That is the question... Maybe tomorrow, maybe in one week, maybe in one month, a quarter...
BUT !!!!!
OPEN INTEREST providing us a very clear information regarding THE potential interest of MMakers... You don't agree with me ?
SO !
If there was not any UTAD made, we don't have the confirmation of the Breaking ICE. If we didn't see the SPRING, we should see it soon in order to get access above the MID Range ! And IF the SPRING (Phase C) might happen, where do you think, it will take the LQ if not below 1k figure ?
I just fixed 1k to not really afraid you !
Just Think about....
Don Pablo
Creek > 4379$
ICE > 1400$
MID Range > 2480$
ST > 3990$ / 1700$
UA > 4877$
1. WHY THE COLLAPSE as of 18.06.22 is NOT A SPRING ?
Even if PA has reintegrated the FORK, to being considered a SPRING (PHASE C), it should (PA) at least kick the ST @ 3900$ before sitting on any LPS (Last Point of Support) and exit by the TOP.
IT DID NOT !!!!
Furthermore, and obviously, the Volume does not show any potential sign with full lack of Harmony (Weiss) to confirm being a SPRING.
Finally, after made an Elastic Jump, it only arrived to reach the VAH then slipped back seeking some potential Liquidity before to reintegrate it again...
Mathematical deduction >
If not a SPRING, what could it being a part Major SOW ?
If not a PHASE C, then still in the Observation Phase (B) !
2. "THE b Shape" and THE LVN.
Even if my Fork, defined in the introduction, is not really accurate, let's express the Volume Profile of the ACTUAL RANGE since January 21 !
Actual VAH > 2075$
Actual VAL > 1031$
Actual POC > 1564$
As you can deduct by yourself, PA has reintegrated the FORK defined by the Fixed Range Volume Profile. There is NO JAC; No bounce, even for testing above the MID range of my initial FORK...
If reintegrated, then ST (1700$) should be the KEY, and POC might be visited again.
WHY it might be visited ? I have a big conviction that the LVN below this POC (1564$/1270$) should be closed ! I think it should be obvious for everyone who understand what the analyze of the volume profile really shows !
THE story of "b Shape".
It is not really over ! I agree ! Yes of course the PA should visit above the MID Range (2480+).
It should... When ? That is the question... Maybe tomorrow, maybe in one week, maybe in one month, a quarter...
BUT !!!!!
OPEN INTEREST providing us a very clear information regarding THE potential interest of MMakers... You don't agree with me ?
SO !
If there was not any UTAD made, we don't have the confirmation of the Breaking ICE. If we didn't see the SPRING, we should see it soon in order to get access above the MID Range ! And IF the SPRING (Phase C) might happen, where do you think, it will take the LQ if not below 1k figure ?
I just fixed 1k to not really afraid you !
Just Think about....
Don Pablo
Danil I. ARSENYEV, PhD - BlackSquare Finance
aka wo1and
aka wo1and