MokhtarSafir

ETH bullish scenario.

MokhtarSafir Updated   
BITFINEX:ETHUSD   Ethereum
ETH needs to close above the 50 EMA around 132.5$. would be great if it moves higher then comes back to test it as a support. if and only if it breaks it, close above it and restest it as support, Eth will go straight to 200$.

I've already bought my ETH around 86$.

The only issue is with BTC which is to me an indicator for the ovral trend, BTC is having hard time breking 4300$ let alone testing the 50 EMA at 4450$.
Comment:
As i previously said, Eth has gone up, broke the 50 EMA and now it is testing it as a support.
If it holds, we will certanly hit 190$ . otherwise, Eth will go to teste the 21 EMA 113$ and in case it won't hold we will evenyually see sub 50$.
Comment:
the way to the so called bottom has started. 50$ or less by the end of january.
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