koumkouat

ETH/USD Wyckoff Distribution Update

Short
CAPITALCOM:ETHUSD   Ethereum
A simple analysis that matches our yesterday view about Shorting the ETH.
We are now waiting for the breaking of the support line and the pullback, but everything seem to fit.
A shakeout with a good volume is there and the possibility of seeing the schematic completing is high.
Updates will take place until we reach to a position call.

Our idea fits nice with the analysis that is give as a link from @peterbhc :

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