Turns out the Spring did Sprung, Wyckoff update

8 May

If you read my trading plans in other posts..this month has been a good month.. but sometimes its better to NOT trade and just add on the dips. I went in and out many times. Took some shorts that stopped out. Fortunately i caught getting back in Long each time around where i jumped out. Usually not the case. This TA helped.

any way Wyckoff ETH. explanation on the other chart.

9 May

Not

Some times patience pays. i had not been actually trading much. i was practicing waiting for the best trades because i realized when i have a good trade set up and i know my bear and bull scenario i can quickly shift perspectives. I was able to stay in bull perperspective even when i was seeing bearish possibilities. My trades in the last few days are enough for a year.
below i am showing h4 FVG above. these will get filled.

9 May

Not

2670 coming and then i can see 3 k also

9 May

Not

wait for it. we are gonna hit 2700

9 May

Not

Eth is holding topside of the some Global VAL. Its in the band. the blue band is VAL for many different exchanges. as long as it stays inside were going to 2700. the global 50%is also around 2700.

10 May

Not

the chart is a little messy. but what i wanted to post was that as long as it stays above the green line.
i feel higher will come.

10 May

Not

10 May

Not

reasoning for 2050
*green fib- full impulse from the 1400k low.
this pull shows .382% at 2050. A bounce from .382 is giga bullish.
*yellow fib - pull from support line to support line now is the golden pocket. also the breaker block resistance. so good place to stop for the impulse up.
*3D FVG-2050 is the 50%
* 2050 is the back test of the break out at this level.

10 May

Not

i like this wyckoff better

10 May

Not

as always TA is probability and not certainty. SMA's need to catch up tho. so im leaning to down for the weekend after such a big impulse up. plus its the weekend. as always do your own TA.

10 May

Not

10 May

Not

zoomed in

12 May

Not

the idea was correct. i thought one more push up then down lets see how far down it goes.
BTC already went to 100k zone , faster then i thought. i don't think eth goes to 2.1k now unless BTC goes to 97
but even then...Eth does move fast tho...we will have to patient and see. trading level to level. im in no trade at the momment

13 May

Not

Low time frame TA my bread n butters 123456 play. 4 and 5 break 2, 6 breaks 3

13 May

Not

13 May

Not

both could play out. the green one is inside the blue one

13 May

Not

and there is 6. the rule for 5 is that it can take a LH/HL EQL/EQH or LL/HH. in this case it took the HL. i thought it would go lower to the POC. something i need to be mindful of when viewing this trade setup. i jumped in but not till way higher i caught 100$ of the move but with very small position size. i sold at 2724. with any luck well get a retrace to at least 2550

13 May

Not

now lets see how this prediction plays out. this was the original chart. but i am going to shift the idea to the right. it played out at a different time than i thought. TIME is so important with crypto.

13 May

Not

i updated this. but reminding that I still see 3050 as a level. there is the fvg there

13 May

Not

update of the ETH Wycoff. if you look at where the test retrace is from ETH would need to go to 3200 and then retrace to about 2500 about 50% of the support line area. i have that marked on this chart. interesting idea.

14 May

Not

updated version

14 May

Not

almost there

15 May

Not

2520 boom!

18 May

Not

ETH about to do a spring i jumped out of my early long ill wait for the spring

i think BTC holds while ETH does its spring and then BTC goes up for the UTAD then maybe 100k

19 May

Not

playing out as expected. update from chart posted 5 days ago