ETH/USD Wyckoff Schematic vol. 2.1

This is the way that keeps up with the Distribution chance.
Things are still running on Phase B and we are waiting for further information to favour between Accumulation and Distribution.
A breakout and its evaluation will make our final decision.

Yorum:

There is an extra validator on this approach that is given by Peter:

If this is the case then we are on the Distributive 15m, that on its turn is a Last Point of Supply on the ETH/BTC daily Distribution and will see ETH/USD falling.