Ethereum Correction - How far will the course fall?

After reaching the rally target of $ 1,300, Ether now runs the last favored downside correction, which finds the ideal targets at 860 - 880 or 760 - 770 USD. From there, a new rally in the direction of $ 1,500 and $ 2,100 could start. Alternatively, this rally starts directly, without previously reaching the aforementioned support zones.

If a sell-off also leads to a slide below 750 USD, a clear downward trend threatens to reach 520 - 535 or 400 - 420 USD. Both of these price zones, but especially at the old outbreak level at 400 - 420 USD, could then give rise again to counter-cyclical entry opportunities.