ETH Daily chart analysis

After a long decline, finally broke the falling wedge, followed by a retest. Ahead of us is the first serious resistance, namely the level of $ 203. Which is a horizontal stop for buyers, and when approaching it, you should partially fix your positions.

*Bottom line: In general, if you adhere to the scenario with a global market turn in the bullish direction, then the long from this price looks just fine, the zone in which I recommend starting to fix it already I see 0.618 at $ 240 fibbo.