ETH/USD is in a triangle and same time id a Upward channel. again touch the triangle line and come back. we can see blue main support line and red resistance line in daily time.
as i see we have a ABC correction after a complete 5 upward waves. the ABC target maybe at 3000$. BTC may go e little up as wave 4 of C but i think it goes down to 3000$ we still wait for a return candle stick
downtrend channel seems to break upward. resistance in front of price are clear in blue H line buy with sl: 47K sat is OK
after some correction days, if resistance 5000~5400 pass price can rich 0.00006000 and 0.00007000 as Elliot we can consider this down as wave 2 and be ready for wave 3 stop is 0.00003500
2 days full bullish candle fallow by a 61.8% retrace shows a good UP trend in forwarding days.