Will it drop through the 2 and 4 hour ichimoku cloud.
Updated
Just to offer some extra info. Like in my post a few hours ago I was waiting to see where ETH would move from the 1 hour ichimoku cloud. It looks like it fell through the cloud, I am now watching the 2 hour and 4 hour clouds to find a good time to buy cheap. (Don't use only one indicator like the ichimoku please, I simply combine it with the information of other traiders that I like.) Good luck.
Note
It fell straight through the 1 hour ichimoku and 2 hour ichimoku. Doesn't look great for the 3 and 4 hour ichimoku either. If it fall through the 1D ichimoku, this could mean the start of a bigger downtrend. Let's monitor.
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