ETH/USD UPDATE BEARISH AND BULLISH SCENARIO

Bullish scenario - We can see bullish play still valid if ETH will continue to hold 50 MA as support and trading above it.
ETH need to break trendline at 167 region to confirm more bullish price action

Bearish scenario - Once ETH drops and trade below 50MA will push the price down to restest support trendline at 157 region.
Potential Target for short between price 156 - 151 region. Extremely bearish if ETH dump to 146 region