The Bulls Are still in control
Originally thought we would "Coil" a little bit longer but the bulls pushed through support at 1950. I do believe we have another leg up but we may retest that 1950 support before doing so. Remember that every resistance turns in to support once broken. Then I am seeing alot of resistance at 2150 as I suspect the bears will be liquidating anywhere from there up to around 2235 where the 50% Fib line measuring from the highs in April. ETH tends to obey that 50% retracement time and time again. My red arrows show my new estimated trajectory and the blue arrows were my original prediction
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