Ganeshaj

ETH not looking very strong

BITFINEX:ETHUSD   Ethereum
The price is sitting at the bottom of the Ichimoku cloud. If this support does not hold, look to test the 807. That does not seem like strong support to me and if that level is tested -- and in the high likelihood that it fails -- I will look for Ethereum to test the bottom of the downward channel overall. I don't recommend buying here.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.