ETH heading for a blood bath or rally ... BTC to decide!

I'm sure some of you have seen the massive head and shoulder forming for ETH on the higher time frames.
Last week I posted a possible IHS forming on ETH (see black line).

ETH has been generally holding up fine as BTC weathers down (compared to other alts), so I'm not totally switching
off of it yet.

Here's what i'm thinking ... I got in close to the neckline ... if BTC goes down in a significant way, for sure ETH can
crack that neckline, and then $430 is possible. But ... on BTC I do expect a corrective "B" wave up over the weekend ...
can that cause ETH to rally, in order to form an IHS (black line)? Even if it doesn't break the neckline of the IHS, isn't that some
great profit to be made?

I'll stay long on my low ETH purchase, with a stop below the neckline ... for now ... until I see BTC is giving up on the current ascending
channel. It might get interesting!

Remember only a fool relies on one potential outcome.

Do not make investment decisions on this information. For educational purposes only.