Everyone is bearish, but everywhere I look I see bullish signs. Maybe those signs are there to deceive foolish people... maybe they don't exist at all.
This is fairly simple. ETHUSD is painting a similar pattern as before and areas of the same colour correspond to each other. I see across the board (BTC/BCH/ETH) bullishness into August.
In January I called a 0.786 correction for ETH down to 400 when bulls were saying it would never go down below 1000 again. Maybe I just got lucky. Now I'm saying extension to 1.618 level after bouncing soon.