ETH is completing a temporary correction structure to reach much higher targets. At the moment we can consider the price of $ 1100 as a strong support area for the return of the price. So, we do not expect the price to going down in this area right now. After passing the previous ATH, the uptrend accelerated and I expect the price to reach above $ 2,000 without any correction.
targets marked on chart.
This is a low risk setup for your investment. but, don't forget about your SL