Ethereum has been moving as per my previous post in 5 waves down impulse. 3rd wave has sub-divided and we currently seem to be in wave iv which is forming a triangle. We should be close to completing wave iv, following which we will get wave v and ETH should complete the wave 3 down.
A bounce in wave 4 should follow once 3 is done. For now, there is still some downside remaining in wave 3. Will update the chart as further waves evolve.
