History repeating itself? Schoolboard example if you ask me(ETH)

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Hello everyone
Just a thing that caught my eye today, no major update. Let’s get straight in to this!
So in April we saw a cup and handle pattern in the oversold part of the RSI , look what we’re creating in august! We are now at a very strong support level (275). We’re not going under that level if you ask me! If history repeats itself we could go up with 128%. That would mean to 607USD. That is exactly at a very strong resistance level .

Also here just some bullish news, we’re now at a very strong support zone , I don’t expect ETH to go under that zone, if we do, our next target is at 0.023.

Just a small idea of ETH today,
made a big update on XRP today, go check it out!

Love to hear your opinion on this!
DM's and comments are always welcome.
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To answer the question in the subject: Yes, history repeats because markets work in cycles. I've made a projection for BTC based on historic data with a rising likelihood for fulfillment if BTC's trading volume keeps declining and life-support, providing frequent pumps, will be suspended. Here is my latest analysis on BTC's current price.


This possibility is not invalid but can only be realized if the current 1D Channel Down breaks. At the moment it is limited to a 357.60 Lower High and we are expecting further downside:

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