Risk Corrective Return to $160's in ETH Coming

By ridethepig
Updated
A very similar setup to (see attached: "Lower highs cooked ... 5200 incoming") as ETH will be moving via default with the correction in BTC.

Here we have a 30% correction in play to the downside. After the initial impulsive wave has retraced, it is time to start working the sell side and buckle up for a brutal move coming.

Best of luck all those working the sell side.
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We are losing 247 ... snapshot
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A quick chart update here after FED snapshot
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We are losing the weekly open .. 160 is coming snapshot
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