Notes to myself:
1- ETH is sitting at Monthly resistance and had a closing above during December.
2- Cumulative delta flipped on 4M basis. 4M basis bullish bias. 1st targets range.
3- 6M basis closed below Quarter basis support suggesting this is a reactionary trend into 6M basis range.
4- No expectation of a new high because of the settlement below $1235.
5- Long term support is $758.
Conclusion:
- Short term bullish
- Mid Term bullish with swings
- Longer term... New lows.
1- ETH is sitting at Monthly resistance and had a closing above during December.
2- Cumulative delta flipped on 4M basis. 4M basis bullish bias. 1st targets range.
3- 6M basis closed below Quarter basis support suggesting this is a reactionary trend into 6M basis range.
4- No expectation of a new high because of the settlement below $1235.
5- Long term support is $758.
Conclusion:
- Short term bullish
- Mid Term bullish with swings
- Longer term... New lows.