i was wrong in eth calling
reason is volume is so low
Wave B: Prices reverse higher, which many see as a resumption of the now long-gone bull market. Those familiar with classical technical analysis may see the peak as the right shoulder of a head and shoulders reversal pattern. The volume during wave B should be lower than in wave A. By this point, fundamentals are probably no longer improving, but they most likely have not yet turned negative
Everyone is talking about record volume as you can see in korean chart from where majority of volume comes it was no way near as high as last 16 hours too
and got rejected at B, volume of B was less then A as shown in elliot theory
besides other bearish signals on daily macd cross moving average cross
+
wyckoff theory shows it last point of supply hence the fall is imminent
reason is volume is so low
Wave B: Prices reverse higher, which many see as a resumption of the now long-gone bull market. Those familiar with classical technical analysis may see the peak as the right shoulder of a head and shoulders reversal pattern. The volume during wave B should be lower than in wave A. By this point, fundamentals are probably no longer improving, but they most likely have not yet turned negative
Everyone is talking about record volume as you can see in korean chart from where majority of volume comes it was no way near as high as last 16 hours too
and got rejected at B, volume of B was less then A as shown in elliot theory
besides other bearish signals on daily macd cross moving average cross
+
wyckoff theory shows it last point of supply hence the fall is imminent
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abort wrongcall by me
