We are currently ranging on ETH and i expect it to make a 10% move towards the range high's as the Yesterday's daily close was quite strong and we need to close above 215 in the next 3 hours for any upside.For Long term bullishness we need to get above the 50 day MA which is sitting at 264 and it will probably be acting as resistance. Breaking the 200 level 198 level will get us to test the 186 support level where the 200 DAY MA is also sitting at , losing the 200 Day MA will be troublesome and we can expect further downside to 160's-170's. Oscillators : MACD about to get a bull cross on DAILY, Volume needs to pick up.
PP