Double top formation, bearish divergence on the RSI and a target of around $386. Proof of stake is extremely bullish for ETH in the long term, but expect a dump in the near future. Perfect time to load up on bags and get closer to 32 ETH before the supply shock starts to set in.
The recent sell off was due to a double top forming near the Bitcoin price all time high. From Fibonacci retracements in addition to BTC's historical corrections of around 30%. Targets ranging from 12k-15k seem appropriate.
