Ethereum
Long
Updated

Ethereum Wyckoff Accumulation – Weekly Chart Breakdown

3 316
Ethereum Wyckoff Accumulation – Weekly Chart Breakdown

ETH is showing a textbook Wyckoff Accumulation pattern playing out on the 1W timeframe — and if it holds, we could be gearing up for a major breakout rally in the coming months.


Phase Breakdown:
✅ Phase A: Selling Climax (SC) marked the bottom. Automatic Rally (AR) set the resistance. Secondary Tests (ST) confirmed demand at lower levels.
✅ Phase B: Smart money accumulated heavily within the range — no directional move, just shakeouts and traps.
✅ Phase C: The Spring — price dipped below support to liquidate weak hands. Classic bear trap.
✅ Phase D (NOW): Recovery begins. If we see a Sign of Strength (SOS) above resistance with volume, Phase E (markup) is confirmed.
✅ Phase E: Full breakout mode. Higher highs, higher lows. Price discovery.
🟢 Accumulation Zone: $1,600–$1,300
🟢 Key Resistance: ~$3,600–$4,000
🟢 Projection Zone: $4,800 to $7,800+ (if SOS confirms)

✅ Bias: Bullish


Note: Watch for a clean breakout above the resistance zone. Low volume pullbacks = strength.


This is the kind of setup you don’t want to ignore.
Trade active
snapshot

ETH is now up 78% from our entry at $1400 🚀

It just hit $2489 — and we’re still holding strong!

We called the bottom perfectly, and now #Ethereum is waking up.

My target? $10,000 this bull run. Yes, I'm still locked in on that!

Hope this rally boosted your confidence —Retweet if you’re still holding strong! 💪

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.