I believe that ETHUSD
will either have a correction back within the trendlines
established since Summer 2017 or stagnate until it's within those trendlines
. Stagnation would require ETHUSD
to trade flatish for 3 months. Therefore, that is the least likely outcome.
We saw this happen with LTCUSD
last month (attached idea).
Possible test of resistance-turned-support at $806.