From using and analyzing the current stance of the @WyckoffMode indicators, I'm expecting ETH to drop to the 900's.
IF the BLUE LSMA crosses below 50 with the RED RSI in the 12h, we could see a drop or a wick down to the ORANGE BBands.
On the 2d timeframe, IF the GREEN energy crosses below 50, we could retest the YELLOW basis of the BBands.
This gives the range of 930-980.
A sudden jump in trading volume and buying pressure on lower timeframes could invalidate this outcome.
The green box is a demand zone.
Trade Well
Ev
IF the BLUE LSMA crosses below 50 with the RED RSI in the 12h, we could see a drop or a wick down to the ORANGE BBands.
On the 2d timeframe, IF the GREEN energy crosses below 50, we could retest the YELLOW basis of the BBands.
This gives the range of 930-980.
A sudden jump in trading volume and buying pressure on lower timeframes could invalidate this outcome.
The green box is a demand zone.
Trade Well
Ev
