Ethereum: Hurst Cycles - 8th Jan 2022
ETHUSD | Phasing Analysis Update, Outlook & Trading Strategy
Components greater than and including the 18 month nominal cycle.
Components less than and including the 18 month nominal cycle.
Components around the 80 day nominal cycle.
In our last report on Ethereum weakness from the 20 week low was noted, in line with other cryptocurrency and a warning that we should sit up an pay attention to an apparently shifting underlying trend:
There is no change to the overall phasing analysis but a downgrade of target is required due to the lacklustre move from this first 20 day component as phased.