Head and shoulders reverse formed, Potential R:R till 7.07 or more
This is my analysis, for this I utilized the levels of fibonacci, the bitcoin rainbow chart and the golden rule. In my opinion, we can see a btc goes up till 160.000 dollar. The question is: Will History Repeat again??? My answer is yes.
Using the Fibonacci level, we can see that ethereum up is not still dead. In my opinion, we can see a rebounce similar to the rally happened 6 months ago with eth up. The target profit is set around 1100-1200$ I am very confident. I am accumulating as much eth up possibile and I will sell it between october and December.