Ethereum
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ETHUSD Update

607
Ok, that was pretty brutal!

I think the worst of the correction is over. Potentially looking for a fairly sharp run up to the yellow box highlighted in the graph that will test resistance before another drop to support to which a period of accumulation will take place. I personally will be looking to trade the move to $1200.
Note
To clarify, I mean trade the channels between $1000 and $1200.
Note
s3.amazonaws.com/tradingview/snapshots/r/RRPxmvpc.png

What do you guys think the next target is? I'm thinking (1300ish)

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