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Ethereum / Bitcoin
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Ethereum - Wyckoff Events and Phases

6 753
The dominance of Bitcoin is growing. When Bitcoin is growing - altcoins are growing less or without rising. Bitcoin falls - alts fall even more.
Paired with ETHBTC, we see a Wyckoff Distribution Schematic #2. We are currently in Phase D. The price is approaching a support zone. Most likely, there will be some descending trading near this zone. We will form LPST (a last point of supply) and SOW (a sign of weakness). Next, we are waiting for Phase E.

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EXCAVO
Note
now 0.05372 looks bearish
Trade closed: target reached
snapshot
EXCAVO
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Chart PatternsdominanceETHETHBTCEthereum (Cryptocurrency)excavoTechnical IndicatorsTrend Analysis

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Chart PatternsdominanceETHETHBTCEthereum (Cryptocurrency)excavoTechnical IndicatorsTrend Analysis
EXCAVO
Wizard
Join the Crypto Trading Tournament ICTI 2025
whitebit.com/a/excavo

Trade Forex
go.tradenation.com/visit/?bta=37220&brand=tradenation


All info
excavo.carrd.co/

t.me/EXCAVOACADEMY
t.me/excavochannel
Also on:

Related publications

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.