ETH - Recurring Wyckoff "Jumping The Creek"

9 de fev.

ETH

This patten has unfolded consistently, multiple times, across ETH and many other ERC-20 pairs.

It's a simple Wyckoff accumulation/reaccumulation schematic, sweeping liquidity then double bottoming, followed by a flag at the DB neckline (w/volume) then breaking higher.

The best part of watching this unfold is from a macro bottom into the expansion phase clearly illustrates the lessening amount of resistance PA has to grind through and the angle of acceleration once it breaks.

This is where people get left behind, this phase illustrates the exponential nature of what this space is.

It's beautiful IMO 🥹