This is a Wyckoff Accumulation mode (same as BTC)
Phase A -
<PS> Preliminary support is identified !
<SC> Selling Climax is done !
<AR> Automatic Rally is done ! But BIDs are absorbing
The range is identified definitely !
Phase B -
Kissed twice close to <SC> level, confirmed by <ST> Secondary Test. In additive Yesterday FOMC Rate decision (by hiking 0.75) drived price below <PS> level.
Phase B is done
Phase C
"Spring" is on the way.... let's see what price will be targeted !
LOW Volume (JAN 21) is on process to be filled !
839$ (IMO) is the price where Volume is more than poor ! We might get back to chis level ! ASKing price is OPTIMAL !
ETHERIUM stay a Great project, no matter Scalability issue. Testnet on Bacon Chain done successfully !
Once POS will trigger (POW might be over), the way above 8k figure is certain !
Phase A -
<PS> Preliminary support is identified !
<SC> Selling Climax is done !
<AR> Automatic Rally is done ! But BIDs are absorbing
The range is identified definitely !
Phase B -
Kissed twice close to <SC> level, confirmed by <ST> Secondary Test. In additive Yesterday FOMC Rate decision (by hiking 0.75) drived price below <PS> level.
Phase B is done
Phase C
"Spring" is on the way.... let's see what price will be targeted !
LOW Volume (JAN 21) is on process to be filled !
839$ (IMO) is the price where Volume is more than poor ! We might get back to chis level ! ASKing price is OPTIMAL !
ETHERIUM stay a Great project, no matter Scalability issue. Testnet on Bacon Chain done successfully !
Once POS will trigger (POW might be over), the way above 8k figure is certain !
