EthereumUpdated ETH (stuck under EMA50 on 1H)
Looks like ETH is stuck under the EMA50 (yellow) on the 1H chart. It looks like it's falling out of the kumo cloud as well. Look how it didn't bounce back quickly and above the bottom channel line. I think a big slip will happen, trigger some stops, and then shoot back up. Let's see if this continues to slip.
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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.