ETH/USD hit a fresh all-time high at 184.85 levels on Monday and is currently trading at 180 levels at the time of writing (BTC-e).
Ichimoku analysis (Daily chart):
Tenkan-Sen: 132.45
Kijun-Sen: 124.93
The pair is consolidating around current levels and a decisive break above 182 levels (161.8% extension of 40.12 and 128) would see it testing 200 (113% extension of 40.12 and 182)/220/269.
Overall trend appears bullish, however, caution is advised as stochs and RSI are in extremely overbought zone.
On the downside, support is seen at 168.28 (4h 10-SMA) and any violation would drag it to 159.42 (4h 20-SMA)/148 (23.6% retracement of 40.12 and 182)/121.21 (2h 50-SMA).
