Hypothetical cup and handle for ETH?

Well, I actually share this chart mostly to keep a track on personal thoughts but I'd appreciate some feedbacks :)

ETH looks oversold. RSI, MACD, StochRSI show potential for a nice way up. Volume is increasing even though it would be better if we could see more.

In the mean time the bear trend is quite strong and some bulls are waiting for 200 EUR or less.
Cup And HandleOscillatorsTrend Lines

Penafian