Ethereum Hits Support, Going To $260 or $285+?

ETHUSD (Ethereum) conquered EMA50 (1) back in early January 2020 and recently tested this same level as support (2).

With EMA50 confirmed as support (prices remain trading above this level), ETHUSD can resume its growth.

EMA50 here is marked with a magenta line and is sitting at $218.60.

Now that EMA50 has been tested, EMA10 ($232.15) is being challenged with a bullish RSI and the MACD starting to curve.

This can lead to prices for ETHUSD to hit $264 or even higher at $285+... We will see how it all develops.

Because of the structure of this chart, we are opening LONG here at 10X...
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Thanks a lot for your continued support.

Namaste.

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Previous analysis: Feb 21
Ethereum Showing Bearish Signals, Will It Drop?

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PERLBTC (+130%)

WRXBTC (+101%)

COSBTC (+31%)

DREPBTC (+62%)
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ERDBTC (+23%)

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1st target hit...
Enjoy the profits.

1) $250 |Hit 7-Mar. (+29%)