Ethereum is consolidating into what appears to be a triangle corrective wave. In Elliott Wave theory, these typically retrace to the 786 Fibonacci level, which is exactly about where we are at if we consider the impulse wave being that of the most recent move from $1300. We can expect ETH to consolidate here, continuing the patter. Then it will likely break out to $1750. If we are wrong, $1550 will provide support. The Kovach OBV is still strong but definitely registering the retracement as a plateau
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