ETH/USD Daily neutral with a bearish bias. Weak Head and Shoulders formation from March 2021 still in play -- equity markets and crypto markets are still highly correlated, equity markets have been bullish this week so be ready for it to carry over into cryptos. Recommended ratio: 47% ETH, 53% cash. Price is currently trending down at $2050 after being rejected by the 50/50 uptrend line from February 2017 ($2100) as resistance on the first test. Volume has dropped back to being moderately low and has favored buyers in four of the past five sessions, indicating that there is a bit of support at $1941. Parabolic SAR flips bearish at $1700, this margin is neutral at the moment. RSI is currently trending up at 33.60 as it approaches 36.91 resistance. Stochastic remains bullish and is currently trending up at 35; it is still technically testing 22.98 resistance. MACD remains bearish and is currently trending sideways (slightly up) at -254; it will need to break above -208 to crossover bullish. ADX is currently trending up slightly at 46 as it continues to trend toward a peak formation, which would in this case signal a potential incoming retracement or reversal. If Price is able to close above the 50/50 uptrend line from February 2017 ($2117) for two consecutive sessions, the next likely target would be a test of $2408 minor resistance. However, if Price continues to fall here it will likely retest $1941 support before potentially heading lower to $1426 support. Mental Stop Loss: (two consecutive closes above) $2117.