Any idea on ETH ??
I am trying to mix Wyckoff analysis and EW analysis but getting stuck with the same issue, are we on a re-accumulation phase (which looks like a symmetrical triangle correction) or a distribution phase (which looks like the ending diagonal wave). As an example, here below I made a chart in the hypothesis that we are witnessing the creation of a ending wave/distribution phase (but I could have made a symmetrical triangle correction as easily). Is this correct ?? what do you think ? maybe it is just to early to decide?

I just had a look now at ETH/BTC and in fact it looks like we are far from completing the next leg of both hypothetical symmetrical triangle correction or ending diagonal waves ... which make me even more confuse

