ETH | Q3 2026 | Day ChartEthereum / USDBINANCE:ETHUSDStudyGuideTALets just see where this goes. Higher timeframes show distribution so scalp longs and hold shorts is the plan of attack for lower timeframe entries. The question I would ask is, If price action wants to go down, where will it go down from? If price is going up, where will it go up from? A weekly FrontSide support level at $1,776.12 created Mon 22 Jun. Below that is a daily frontside level at $1,653.92 created the 25th June and lastly the 4hr support at $1,582.20 which is the last level, final support protecting the local accumulation trend. If price tests these levels, chances are a breadcrumb trail of resistance will follow. If the weekly support does hold, price would face a daily and monthly resistance level at $2,003 - $2,020. A Yearly distribution level sits quietly at $2,131.22. The highest price could reach would be $2,268.52. If that level is broken, a breadcrumb trail of support could give price the opportunity to gain the resistance levels as support and break the distribution trend. ----------------------------------- Multiple Time-Frame Analysis; Color Code | Strength favors the higher timeframe. Yearly timeframe = black Monthly timeframe = pink weekly = grey daily = red 4hr = orange 1hr = yellow 15min = blue 5min = green if they are shown. (Level visibility on intervals is set to timeframe the level was found on and below to keep chart view organized.) ** Candle Science explained ** A Range = two or more consecutive color candles. There are two types of ranges - accumulation and distribution. **A single candle is a range on a lower timeframe. *Find the range and define its, creation dates, prices, and risk parameters. A range is broken down into 4 candle, which create 6 levels that define the range and illustrate market structure. Focus only on the first and last candle of each range. The last candle of each type of range has two levels - see FS & Inv. FS Candles below. DISTRIBUTION RANGES DEFINED: When price is above a distribution range, these candles/levels act as support. (BS) BACKSIDE Candle - First distribution candle in a distribution range. Expectation = strong reaction to price. long wicks reaching to or away from level. high angle accumulation trends, f.v,g's (FS) FrontSide Candle - Last distribution candle in a distribution range. Expectation = reversal, create a low angle accumulation trend. The top of Distribution candles are used as support. The bottom of the FrontSide candle is the SwingLow of the range. The FS candle wants to protect the SwingLow. When/if Price Action closes below the SwingLow, the level is invalidated. Find another range to trade. ACCUMULATION RANGES DEFINED: When price is below an accumulation range, these candles/levels act as resistance. INVERSE BACKSIDE (Inv.BS) - First Accumulation candle in an accumulation range. Expectation. = strong reaction to price. long wicks reaching to or away from level. Creates high angle distribution trends, f.v.g, protects the Inv.FS candle INVERSE FRONTSIDE (Inv.FS) - Last accumulation candle in an accumulation range. Expectation = reversal, create a low angle distribution trend. The bottom of Accumulation candles are used as resistance. The top of the Inv.FrontSide candle is the SwingHigh of the range. The Inv.FS candle wants to protect the SwingHigh. When/if Price Action closes above the SwingHigh, the level is invalidated. Find another range to trade.