Like most nice bottoms, This one got a long second look...

Yea, this is a judgement call. Technically, in strict Elliott terms, the breach of the Wave-1 high invalidates the count. So now you have to ask yourself if it was a stop run, as everyone whose watched this chart for the last few days knows that stops will have been sitting just under the 61.8. However, knowing that... you have to ask yourself; did that volume accelerate the move down as you'd expect. Or, just leave a whole lot of ETH traders screaming at their monitors as the market moved quickly away and left them with the badge of SOL. Seller on Low. If that was you, do not despair, it happens to every trader. Where I trade this, at Whaleclub.co my stop was spared by less than a dollar. Just a bit of trades luck... we shall see.

So where to now? The safe play is to let this move show it's hand. If and this is a big "IF" the low is in... you can wait for the first pullback into a second wave for a low risk high reward trade as your stop will be just below the low. I would certainly like to see the oscillator make the turn and break the trend line for some more confirmation. But let me also offer up the remember that, sometimes the best trade is no trade.