Ethereum Continuing Down

BITFINEX:ETHUSD   Ethereum / U.S. Dollar
Good morning,

It looks like we will be seeing some more downside on ETH. We broke out of the pennant to the downside, the next support level will be $380 to $360 level. If we see a good bounce with a lot of buy volume at these levels it may signal a bottom, if the bounce is small with low volume we will be looking to hit solid support at the $300 to $330 Level. Any buying here is very risky as there is no sign of a bottom, until we start seeing reversal signals I personally am staying in cash.

Have a great day!


Hello, same idea for me. Good luck ;-)
+1 Reply
cpedersen90 Seb1978CH
You too! Buy orders are in ;) @Seb1978CH,
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out