ETHEREUM -- following the expectations!

Here is the latest chart on ETH/USD:

Still mired into the corrective pattern and more and more looks like it will correct down to 550, and off-chance to even 497.

I have been posting on this for a few days and it has followed my expectations to the T!

May 12: https://steemit.com/cryptocurrency/@phisight/a-bounce-in-eth-usd-coming-is-the-correction-over-is-the-question

May 13: https://steemit.com/cryptocurrency/@phisight/bounce-in-eth-usd-ethusd-in-progress-watch-the-resistance-zone-as-it-could-turn-down-for-one-more-low

May 14: https://steemit.com/ethereum/@phisight/update-on-bounce-in-eth-usd-ethusd-in-progress-watch-the-resistance-zone-as-it-could-turn-down-for-one-more-low

Well, my primary is that Ethereum will turn down one more time to target the 550 level or even the 497 level (lower probability) but first we may get a bounce to the 754-760 level. If the price breaches the previous high at 833, probabilities shift in favor of new uptrend targeting 2243+.

Hope this analysis was/is/will be helpful!

Note: you can right-click and open charts in new tab to see them at full size -- they are quite large and clear.