Anyhow, based on one of his 4hr ETHUSD charts, with a scenario based on a previous cycle, the pattern moves the same way as this idea. I overlaid an updated ETHEUR chart on top to see where it had got to, as it wasn't an interactive idea in the OP, it's tracking the same way as the underlaid cycle at the moment.
I might move my buy orders down a bit and wait it out.
Actually, I don't even want to acknowledge it because the risk for such drop in price is just plain stupid. But lets see..
Personally 300-350€ is where i would buy with the chart i see now.