I see an huge inverted head and shoulders on ETH weekly chart

I have illustrated this inverted head and shoulders on the ETH weekly chart. Despite the current bearishness in ETH, I believe it will change with time.

I have included an Elliot Wave projection for the rest of this cycle. I think ETH could reach $15000 or more by Oct 2025.

This kind of prediction presumes BTC will go to $400,000 or more and ETH outperforms BTC for the rest of this cycle.

I am long ETH; not happy with its current performance. However, I think it will go to a new ATH above $5000 in a few months and pursue the higher number projected by the end of this year.


http://dlvr.it/THRM0w