Ethereum - The bulls must react.

I believe the bulls will truly start to show up if ETH closes a candle above the U$ 176. We also see some supports here, namely a purple upward tendency line and the 21 ema, so it’s now or never.

On the other hand, it’s easy to imagine what would happen if the prices left those supports behind. ETH could potentially slip through the yellow line (previous support) and would only meet a decent target at U$ 89.66.

We must see some bull’s reaction here.
Stay safe.