The is constructed with a flat support line @ $433.36 (Green Horizontal Line or consolidation line) and a downward-sloping resistance line (See the descending red line).
If the price drops under that support line, then the new support line should be placed @ $412.10 (Blue line).
it is just a matter of time before BITTREX:ETHUSD hits $500 again, based on my R&D.
Entry Point $462.26.
Stop Loss $406.
Target Profit $500.