Bounce coming near $420

Ether is primed to bounce near $420, continuing it's long-term pattern after this major spike and much-needed correction. Aside from continuing it's long-term trend, much new money has entered into Ether since it's broken through it's last major wedge and the speed of this correction indicates the shorter-term traders have taken profits since Ether broke it's last wedge around $420, signalling Ether's entering oversold territory, so a bounce near the break above the last major wedge formation and long-term upwards trend line is very likely.