ETHBTC is pressing into a significant 10-hour Order Block that has been respected since February. Price broke structure to the upside in March, distributed across the premium, and has now retraced directly into the origin of that move.
What I'm watching:
The OB sits between approximately 0.0286 and 0.0292. This is where institutional accumulation originated before the BOS. A reaction here would be the first signal that ETH is finding relative strength against BTC at a structurally meaningful level.
Entry trigger: CAP Framework confirmation inside the OB. CVD must show absorption. No distribution wicks on the lower timeframe. Method B entry on confirmation of buyer control at the zone.
If this triggers, I am long ETH with weight. The OB holds the argument. Price will confirm or deny it.
Invalidation: Clean close below the OB on the 10H with no recovery. That changes the read.
What I'm watching:
The OB sits between approximately 0.0286 and 0.0292. This is where institutional accumulation originated before the BOS. A reaction here would be the first signal that ETH is finding relative strength against BTC at a structurally meaningful level.
Entry trigger: CAP Framework confirmation inside the OB. CVD must show absorption. No distribution wicks on the lower timeframe. Method B entry on confirmation of buyer control at the zone.
If this triggers, I am long ETH with weight. The OB holds the argument. Price will confirm or deny it.
Invalidation: Clean close below the OB on the 10H with no recovery. That changes the read.
Charles V. — The Chart Whisperer
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Charles V. — The Chart Whisperer
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
10+ years live BTC & ETH perpetuals. Elliott Wave, Wyckoff, Institutional Order Flow — integrated into one rules-based framework.
Full system: chartwhisperer.ca
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.