[$ETH] Wyckoff Distribution hypothesis #1

Hello everyone,
Hope you had marvellous vacations and you took times for yourself!
It's almost times to get back to school or work , and during this period, institutions are back as well.
Today, i would like to share my view on ETH price actions relative to Wyckoff Distribution Schematic #1

https://school.stockcharts.com/lib/exe/fetch.php?media=market_analysis:the_wyckoff_method:wyckoffdistribution1.png

As you can in the previous image, we may get into the Phase D which can lead to the ultimate phase and kick off the mark down.
Be prepared.

Trade safe, Trade Safe
PEACE!

تعليق:

Seems to follow step by step Wyckoff Distribution model ...

تعليق:

Seems that we did the mark down for now !
What a strong move ! a lot of liquidations and fear from the market!