ETHEREUM Holding Up Trend Line

Ethereum seems to be holding an up trend support line (unlike BTC), but we're also now fighting against TWO heavy resistance levels -- $214 and 225. Floor support is at $192.

There's been a nice and hugely bullish-looking candle on the 4-hr chart here with big volume. We'll need to see this sustain now and not get stopped at the $214 resistance.

Most likely this will turn into a consolidation wedge. Despite not having the traditional volumes of a consolidation wedge, I think this level is a big battle spot for bulls and bears. I'd anticipate this $200 psychological level as being a key level. If we break and see a fall again, we'll test $177 and $130. If bulls can hold, then I'd think likely we'd see the long and overdue bounce to probably $400 or $500.

Happy hump day! Please feel free to share thoughts and analysis.