Ethereum (ETH) Has Invalidated the Adam & Eve Pattern But Wyckoff Accumulation #2 Pattern Is Emerging! Is It Time to Buy the Dip and Accumulate Before Crypto Rockets?

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Hello fellow cryptonauts! 🧑‍🚀

In the last 24 hours, ETH has invalidated the Adam & Eve pattern.

This is technical analysis, and as you may already know, nobody knows shit about fuck unless you are a country club whale.

However, following today’s macroeconomic data and the reaction of the market, I am starting to see another pattern emerge, a Wyckoff accumulation pattern, more specifically scheme number 2.

The good news is that the short to medium term is VERY positive. The bad news is that the short to very short term could still drop to form the typical ABC correction of scheme 2.

What is a Wyckoff accumulation pattern?

The Wyckoff accumulation pattern is a technical analysis concept that suggests large investors are accumulating an asset over time before a significant price rise. It typically happens after a period of decline or consolidation. During accumulation, the price moves sideways in a range as buying and selling pressures balance out. This phase often precedes a breakout and uptrend.

Is It Time to Buy the Dip and Accumulate Before Crypto Rockets?

🆈🅴🅰🆁 🅾🅵 🅴🆃🅷🅴🆁🅴🆄🅼

submitted by /u/kirtash93 to r/ethtrader
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