ETH/USD Wyckoff Schematic

Atualizado
A simple Wyckoff pattern on ETH/USD and may provide some value.
The aggressive breaking of the bottom edge will provide a clue about the side we will favour and the latter pullback will lock our thought in.
Even though our for now analysis is favouring short position the pullback will define our mind, as a strong pullback can turn things bullish making the schematic an Accumulative one that will lead to higher prices.

https://www.tradingview.com/x/C2edztFa/
Nota
As things are escalating we are now to a position to either value an Accumulation Schematic without a Shakeout that seem like this:

captura

Or in case we still favour the short position our Scheme has not yet completed the Phase B and will be like:

captura

The breaking of this zone will help us decide, but our thought for now is on the first scenario as the volume is confirming the up move.
Chart Patterns

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