ETHUSD Daily cautiously bullish. Recommended ratio: 80% ETH, 20% Cash. *SUNDAY/MONDAY SCARIES WATCH. With the BEA due to report a third estimate for Q1 2022 GDP growth on Wednesday (06/29) at 8:30am (EST) and Core PCE Price Index to be reported on Thursday (06/30) at 12:30pm (EST), crypto and equity markets will look to continue the technical relief rally to start the week.* Price is currently trending up at $1237 and is on the verge of testing the lower trendline of the descending channel from October 2021 at ~$1300, where a bit of resistance is to be expected. Volume remains Moderate (low) and is currently on track to shrink for a ninth consecutive session, indicating that a breakout or breakdown is likely impending. Parabolic SAR flips bearish at $941, this margin is neutral at the moment. RSI is currently trending sideways at 39 as it hovers above 36.91 support; the next resistance is at 55.31 which would coincide with the descending trendline from February 2020. Stochastic remains bullish and is currently forming a peak as it tests max top. MACD remains bullish and is currently trending up at -176 as it attempts to breakout above -197.34 resistance. ADX is currently trending down at 48 as Price continues to push higher, this is mildly bullish. If Price is able to break out (and close) above the lower trendline of the descending channel from October 2021 at ~$1300 then it will likely test $1426 resistance. However, if Price breaks down here, it will likely formally test $775 support for the first time since breaking above it in January 2021. Mental Stop Loss: (two consecutive closes below) $1k.