As shown in chart ETH might have completed five impulses and ABC correction is unfolding.
5th wave was failed so we may see deep ABC correction upto the range 2000-1700.

C wave may see triangle and complex as shown in chart because the 2nd wave of the "C" wave was Simple.

2600-2700 is resistance zone if eth hold resistance 2700 , we may see lower levels 2000/1800/1700.

Above $3000 this analysis is nullified.
Wave Analysis
Elliottwave-Edge

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