ETHUSDT Accumulation Pattern (Wyckoff)
This analysis is meant to illustrate the accumulation post the May 23th selling climax and automatic rally establishing support and resistance zones.
Wyckoff Accumulation:
- Phase A & B sideways move lasted for about 1 month, with multiple retests of support.
- Phase C retest springs a directional move to the upside.
- Phase D sign of strength with push beyond resistance -> turning resistance into new support levels.
- Phase E another sign of strength with push into pre-markdown support levels.
Additional Indicator Analysis:
- RSI shows that we are in oversold territory. This may lead to a pullback within the ascending channel.
- MACD has not shown an indication of reversal.
ETHUSDT
Wyckoff Accumulation:
- Phase A & B sideways move lasted for about 1 month, with multiple retests of support.
- Phase C retest springs a directional move to the upside.
- Phase D sign of strength with push beyond resistance -> turning resistance into new support levels.
- Phase E another sign of strength with push into pre-markdown support levels.
Additional Indicator Analysis:
- RSI shows that we are in oversold territory. This may lead to a pullback within the ascending channel.
- MACD has not shown an indication of reversal.
ETHUSDT
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.