ETH potential inv HS and 3rd wave new cycle?

Here's few ideas about ETH now.
Inverse HS is pretty easy to see.
Same as less power of downtrend (look at 100 and 200 ema ).
Going above 100-200 ema would establish potentialstrong bullish wave.
We can be in a bottom of bigger formation similar to c&h.
Targets for 3rd and 5th wave can be fibo levels (or near to fibo): .236 and .382.
Green is potential target of new wave (between R2 and R3 likely).

Good luck!
UPDATE: New LOW === chart scenario invalidation!
Update: maybe C of 2nd wave new cycle is not done yet.
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