Ethereum performed a great breakout of the long-term triangle. This is a major technical movement as the cryptocurrency isn't moving within a range but its obviously trending to the upside like the BTCUSD, the king of the cryptos. The triangle pattern activates a minimum measured target of $200 to the upside. 

Daily

Heading to the hourly TF, we have noted a rebuying support zone if ETHUSD retraces back. There is a small RSI negative divergence which may push price lower. 

Hourly