Due to all the bearish divergence on multiple time frames and wicks to the upside, I think that ETH will fall from here. I'm targeting a 2% drop or so to 196. It could also be in a rising wedge; doesn't fit perfectly but it looks pretty good.
From an Elliott Wave perspective, I think we could have just completed an ABC correction.
From an Elliott Wave perspective, I think we could have just completed an ABC correction.