ETH is setting up for a potential breakout. All it needs to do is do what so many other coins (LTC, BTC, BCH, and more) have already done.
If it can breach that blue line (200 day EMA), there is no telling what is in store for ol’ ETH.
If it can’t breach on the first attempt, make sure to pay close attention to what happens on a second chance.
It is likely the only thing that can stop it is if BTC fails here.