After confirming the $860 support, I expect to see ETH to break above the downtrend line by the end of this month. That is, if Bitcoin does not move a lot below $11k, otherwise, we'll probably see Ethereum test the $800 support before moving higher.
Note
Since Bitcoin moved below $11k today, Ethereum will test the $800 support in a few hours. It could event touch the $750 line and that would be a nice buy zone.
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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.