Expect ETHUSD to breakout below the 50 SMA to around 225. That is around a 50 percent pull back from the big move up this weekend. Another long buy is probably in order following.
Descending Triangle formed. Look for reversal sell after the 50 moving average is crossed. Take profit at the highlighted engulfing candle zone.
Ascending Channel forming look for sell followed by retest of the trendline break back to the engulfing candle near the 60 percent retracement zone.
Ascending Channel forming looking for the price to drop a little more to the next level of support then pull up