Top down on $ETH using VWAP starting with the yearly
After the initial reaction off the developing year value area high ETH saw a nice surge higher into the prior year stdev3 where sellers are currently stepping in.
This remains the HTF bearish line in the sand at $4600

The quarterly paints a different story where it has just acceptance back within value, as long as it is unable to trade above the pQuarter VAH it is likely to auction lower. Acceptance above $4555 is bullish

Simply put - ETH is pinched between the pQuarter VAH and the pMonth VWAP. These are the levels you want to be facilitating trades at/
Above pquarter VAH -> Bullish
Below pquarter VAH -> pMonth VWAP next

Thank you 👋

Signal Square
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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