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ETH holding up well so far...$250 on the cards?

Ethereum (COINBASE:ETHUSD)  
CM_Trades  
COINBASE:ETHUSD   Ethereum
Trend Analysis Chart Patterns Technical Indicators Ethereum (Cryptocurrency) ethereumforecast ethereumusd ethereumdollar ETH ETHUSD ETHBTC Cryptocurrency crypto
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trendanalysis chartpattern indicator ethereum ethereumforecast ethereumusd ethereumdollar eth ethusd ethbtc cryptocurrency crypto
  • Ethereum has held up well so far holding that $205 level all weekend
  • This support OB remains a very strong level
  • ETH has been riding the EMA for a few days now acting as support but a break and close below would be very bearish
  • If this does happen, we will most likely see a test of the demand zone below possibly hitting sub-200 again
  • This level would need to hold or we could very well see another run at yearly lows
  • For bulls, a break above the supply zone would signal a very bullish push back up to $250

Thanks guys!
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