Mapping out Ethereum’s journey through classic Wyckoff phases: from Buying Climax and Failed Test (distribution/markdown) to Spring and Accumulation (SC, creek, and “spring” event). After months of compression and failed breakout attempts, ETH unleashed its first expansion/release move, trapping late bears and rewarding patient entries.
Take note: The first expansion candle after a long coil is rarely the spot to FOMO. Best R:R comes from waiting for the retrace to the 0.618–0.786 zone, where smart money reloads and risk is tightly defined.
Key Levels:
Compression/Coil range = accumulation
Retest/retrace = sniper entry zone (purple box)
If you missed the first push, don’t chase—let the retrace come to you.
Chart markup: Wyckoff logic, supply/demand, coil/expansion, R:R zones.
Take note: The first expansion candle after a long coil is rarely the spot to FOMO. Best R:R comes from waiting for the retrace to the 0.618–0.786 zone, where smart money reloads and risk is tightly defined.
Key Levels:
Compression/Coil range = accumulation
Retest/retrace = sniper entry zone (purple box)
If you missed the first push, don’t chase—let the retrace come to you.
Chart markup: Wyckoff logic, supply/demand, coil/expansion, R:R zones.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.