Pay attention to how closely price followed these projected levels.
Now my view is that this correction from ^ATH of $412 is likely to continue below $300. To resume the uptrend we need to break out of the . Important price levels are drawn on the chart.
Looks like my first post didn't stick since I didn't have an ID yet. I had asked what charting package you were using to view Ethereum, but then realized TradingView IS the charting package. Anyway, I'll shut up now. Moreair