ETH shoulder retest? (update)

ETH didn't go over $1480, it continued down to the $1300 psychological area and retested the right shoulder of the pattern. Waiting to see its reaction on this area, if it breaks down it could continue to the 1100-1200 area.
However, if it doesn't, we could see a big move to the upside maybe reaching new highs.
Stay alarmed and watch the market!