http://www.altcointoday.com/wp-content/uploads/2017/01/Ethereum-price-technical-analysis.png

Key Highlights

·After a minor decline towards $135, ETH price formed support against the US Dollar and moved higher.
·There was a break above a bearish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX).
·The price is currently following an ascending channel pattern and looks set for a move above $180.

Read more here: http://www.altcointoday.com/ethereum-price-technical-analysis-following-a-nice-uptrend/