MinhDucPham
Long

ETHUSD long signal

BITFINEX:ETHUSD   Ethereum / Dollar
Hi traders, after few weeks of market correction, I can see a buying opportunity on ETHUSD             now.
Price came all the way down to 800 level to test the 0.618 Fibonacci as well as the 50MA. It then went sideways for some time and created series of higher high candlesticks . EMAs crossing over and 2 strong bullish close indicates that ETH is ready to go much higher. My target for Ethereum             will be around 1800-2000 by the end of February. I will wait for some pullback on H4 timeframe to execute the trade. More information about this pair will be updated. Thanks for your time !
I believe it will probably go up to this target much quicker than you predict here.. As we're seeing the entire market stabilize now and turning bullish again, I believe it will quickly take away people's fears of crashing and turn into fear of missing out on this years (probably record) run ups.
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