ETH and BTC about to hit previously stated targets down (updated targets for ETH 1,865.80 to 1,843 and BTC 30,886 to 26,403)
Both finished second legs (up) much lower and earlier then projected, indicating weakness.
Still, a fall below 2,160.60 in ETH and 32,937 in BTC to confirm this.
Break above 3,288.5 in ETH and 43,222 in BTC to confirm previous targets for the finishing of the second leg of the correction down (wave b on the BTC chart image from few posts back).
Strong bounce of the mentioned targets to end this correction down would be a good indication of the most probable continuation of the uptrend in this crypto currencies and a definite break above 4,864.90 in ETH and 68,958 in BTC would be considered a confirmation for the continuation of the uptrend which would be a min 1.6 x the length of the first wave projected from the bottom of the second wave (the end of the correction, possibly in the mentioned targets). For ETH that would be a min. of 9,715 but more probably to 14,566 to 19,418 and for BTC a min. of 137,816 but more probably 206,674 to 275,532.
BUT! Mind that we still need first a solid finish of the correction and confirmation with the breaks of the previous all time tops.
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