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Wyckoff_Monk
Jan 5, 2024 10:49 AM

[ETH/USDT] Potential accumulation Long

Ethereum / TetherUSBinance

Description

Since Dec 9 ethereum has been ranging providing no clear direction until Jan 3 where extremly high volume attempt to break the low of Dec 18 but with a increase demand coming in and close insinde of the trading range for me this was my confirmation of a potential accumulation if the biggest volume ever since Aug 2023 could not take the market lower then we have a strong demand holding the market
Comments
MyCryptoParadise_Simon
Your interpretation of this event as a confirmation of potential accumulation is a key insight
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