This is my my personal and not investment advice.
But I see the chart needing a more complex C like the other good Alts. Consolidation. we just did 1400 easy.
Yes, I have been long on Ethereum since $40 so this is my bearish opinion. I want to get a good entry. Long term bullish, of course.
Quick update. Still favoring the downtrend using fib pulls, expected algo targets, and market geometry. Difficult count. Out of my league folks. But we definitely have a leading diagonal if this is our 1, which is not my primary count. I see more retracement being more probable.
A quick morning update on ETH. Not much to say. Like many alts right now in in this correction.