Ethereum (ETHUSD): Correction May Not Be Over

Updated
Previous buy signals for Ethereum were quite successful (see links below). It all began here:
Ethereum (ETHUSD) Short-Term Update: Buy Zones Identified

Pay attention to how closely price followed these projected levels.
Now my view is that this correction from ^ATH of $412 is likely to continue below $300. To resume the uptrend we need to break out of the pitchfork. Important price levels are drawn on the chart.
Note
Main correction target reached below $280. Fresh update imminent.
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