Ethereum: Possible Liquidity Grab and Return to Structure

ETH is showing demand at macro resistance, typically reserved for bull traps when trying to break from a major downtrend structure in a bear cycle. Keep an eye on potential supply block traps hovering outside resistance where smart money seeks to harvest liquidity before sending the PA back into the wedge. Beneath the current PA I've included two anchored VWAP streams to serve as ice/creek barriers depending on price trajectory. If we fall back through the double ice this will be a very strong bearish sentiment and we can expect a mitigation of the 900 USD area.

Do you have strong hands, patience, and like scoring big wins? Be sure to SUBSCRIBE to this channel. Here's why: I track all USD-paired cryptocurrencies on all the major CEXs and seek out the most lucrative swing trades. All my charts are clean and easy-to-follow with exceptional win rates ranging consistently between 80-85%. My TA is based off a combination of Wyckoff/ Volume Spread Analysis & Fibonacci Ratios. Stop getting smashed and start winning in crypto. My charts will teach you how.

*Not financial advice. Always DYOR and trade at your own risk.