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WyckoffMode
Mar 28, 2022 12:39 PM

ETHUSD: $3500 on Table With Potential for $4000 Afterward 

Ethereum / TetherUSBinance

Description

Hi Everyone! We still have upward pressure in the 3-Day time frame (to be posted shortly). The Red RSI is currently above Level 50 with the White Energy very high in the 5-Day as well. We have 3-Days and 12-Hours remaining in the current 5-Day candle. This means upward pressure can remain until the White Energy comes back down to or near Level 52. Why Level 52 and not 50? Well, the White Energy is currently at Level 104. Half of 104 equals 52.

Comment

UPDATE:

3-Day time frame (bottom right corner) still has quite a bit of upward pressure remaining.

Weekly time frame also needs the Blue LSMA to rise above Level 70 to increase odds for price action to rise up to the White/Aqua UPPER B-Bands in the Weekly Time Frame (top right of center). So, we may not see a serious move up until the next Weekly Candle. However, if we do manage to run up to the White/Aqua UPPER B-Bands in the Weekly time frame during the "current" candle, we would be over extended up and we should expect the price action to fall back down to within proximity of the B-Band Basis.

Comment

UPDATE:

I'll plan on providing a video publication update soon for Ethereum. Here is our current Wyckoff Distribution Period (schematic):

Comments
Muc-WyckOnMode
Nvm just saw date
WyckoffMode
@Muc-WyckOnMode,

LOL...

Yeah, this was the last publication I published on ETH. I simply updated this publication and provided an announcement; I'll be providing a video update for ETH soon.
Muc-WyckOnMode
Have you done any on BNB interesting coin hardly see any publications on it
Muc-WyckOnMode
My charts look different I don’t know why
WyckoffMode
@Muc-WyckOnMode,

Be specific about what is "different."
ddepane
Hi David,

I am trying to register on your website, but it is not allowing me.
How can I get access?

Cheers
WyckoffMode
@ddepane,

I cannot reply to this in public; as it is against rules. You can send me a personal message and I will reply there.
bitblock480
I love this 🚀
Vibranium_Capital
Another great analysis from the best :)
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