Hi everybody, this is my first Ethereum update on steemit. I hope you guys like it!

4h

The B wave seems to be completed exactly at the 61,8% Fib retracement, which is a common retracement for a B wave. Ethereum is rejecting that resistance so I assume that ETHUSD is heading much lower into black wave "C" towards $500 where C equals A in length. It's basically the same setup like in Bitcoin. It has to com down..

But don't be sad or scarred. This will be a perfect moment to buy some more ;)