ETH trend similarity with BTC

BTC in the last month generated a pennat that was broken in a downtrend and now is generating an ABC Elliot wave. ETH is creating a similar chart pattern delayed of few weeks compared to that of BTC.
ETH broke a pennant in the last days, reaching the 50% retracement. Probably an ABC Elliot wave could be created, with ETH price rising to 870 USD and then dropping to 550.
BTCChart PatternsETHTrend AnalysisWave Analysis

Disclaimer