Ethereum (ETH/USD) likely correction scenario

After the price of Ethereum broke out from the ascending triangle on the upside, the upward movement was short lived. I think the price is going to correct in a double three manner and that we are likely going to see two more ABC zigzag corrections. The X wave would, in that case, be a head and waves A (from the second zigzag) and B (from the third) would be shoulders.
Ethereum (Cryptocurrency)ETHUSDHead and ShouldersTrend AnalysisWave Analysis

Also on:

Disclaimer