as explained on the chart, I guess the top volume traded when ETH made two big head earlier may not work as a resistence. However, I wonder if ETF will be filling the little gap and consuming time, or just break through the shelf right above current price. we will see.
Quick look of the current ETH accumulation. Of course, there always is a same chance of falling yet I see an accumulation that builds a LAUNCHPAD. Plus, it follows the STD Dev. Level of VWAP since the spring. I see a small pitch of BTC remains, so does ETH. Let's see how will it behave, following magnitude of current expansion or FILL THE FVG.
BTC is expanding and retracing by some degree of magnitude. So I compared to the last wave of impulse. You will see how the two waves and ratios looks so (almost identical) What confused me, is BTC expands in full if we follow the the wave referred yet it looks similar just the first small correction move. Either way, I suggest to look how Alts move...
Elliot Wave - 5-1, waiting for 2 Fibo - corrrected up to .382 MA squeeze - squeezed, waiting for break up 200vwma Volume Delta - Small +delta, now correction with small -Delta, then Hop on WT - Down cycle ended, MA angle turned to + , angle MA is supporting from the beneath all done by KING WANG ZZANG GOD EMPEROR Mr.T
다이아고날 1파 후 매우 짧게 786 까지 조정하고 6개월간 조정하던 채널 상단 돌파하고 확산하며 3-1 형성 69000 리테스트 지키면 재상승