If ETHUSD (Ethereum) manages to move and close above EMA50/EMA100 (~$132), we are likely to see some additional bullish action.
This is due to the fact that we just had a "fake breakdown", marked with a green square on the chart.
If prices close above resistance, it is highly probable that Etherum will move up.
Conditions for change
If prices drop and close below $128, the above signals become invalid and a new analysis is needed.
Thanks a lot for reading.
Namaste.