If you have a good look at the indicators in the 4-Day TF, you can see this downward pressure likely continues till the first week of August. We can anticipate a brief spell of upward pressure for the month of August but that will not be the time for a full fledged bull run then in my opinion. We likely come back down AGAIN for most of September before we FINALLY flow into a full fledged bull run the remainder of 2019 to test All Time High (ATH).
Komen
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Don't be surprised if we continue to fall to around $150.
Thank you for the update, and a new TF to review. Been following your 2D TF which appears to be buoyed by a solid trend line and the 100MA. ETH seems to be holding support better than BTC right now.