🚀 ETH/USDT — Candlestick Analysis and Whale Monitoring (August 11, 2025)
Candlestick Behavior and Whale Signals:
From August 3 to August 9: Strong green candles with filled bodies and short shadows → Ongoing accumulation, likely from major players pushing the price up.
From August 9 to today: Small candles alternating between red and green → Whales slow down the pace and leave room for small traders to buy before pushing the price later.
Long upper shadow at $4,348 → A clear signal for profit-taking at resistance. Whales may be testing supply areas to gauge the strength of selling pressure.
Repeated defense of support at $4,252 (25-day moving average) → Strong buy orders absorb the drop, which is a common accumulation method before the rise.
Trading Plan:
Bullish Scenario: Buy near $4,250–$4,200 if trading volume remains strong. First target $4,348, second target $4,500.
Bearish Scenario: If candles close below $4,185 with high volume, a short correction towards $4,050 is expected.
Important Indicator for Whale Monitoring: Any sudden increase in the volume of green candles near support often indicates whale entry, which is a strong buy signal.
