Just posted a few moments ago the update from my latest prediction, where I also mentioned Ethereum. I said it was going to $830, and 5 minutes later it was done. I should known. Since Cryptocurrencies always move hundreds per minute.

What now?

Three things can happen now:

• If the price breaks that 100% Fibonacci retraction (I know it's 0% in the image sorry for that), the next objective will be the 61% around the $1100 mark.

• If it doesn't break and it starts to go down, it is going back to the previous support, around $730. And then ETH will trade in this range, until something happens. Announcements, whatever.

• If it doesn not break the 100% retracement, it might go down even more than $700. Althou I think this is improbable, it is a usual movement in stocks. When the prices goes trough all retractions straight to the 100%, tests it two times, and goes down? It will correct to the 0% Fibonacci, in this case the $500. I don't think this will happen, cryptocurrencies evolve diferently from stocks in the charts. At least so far, it is what I've noticed.
  
  It will be very interesting to see how it plays out.
  On the one hour chart, this is an entry by the Williams R% and simple moving average 100, trading system.And also by the bullish breakout, Bollinger band strategie. But this is very risky right now, since this resistances are very close. It is better to wait for a breakout.