Ethereum Technical Analysis: ETH/USD one more ticket for the ride in the channel to the sunny south

• Ethereum seen down over 2.5% on Friday, as it further continues to poor end to the week.
• ETH/USD price remains stuck within the stubborn fast channel to the south.  

ETH/USD 60-minute chart

Spot rate:                    277.11

Relative change:        -2.45%

High:                           284.21

Low:                            276.40

Trend:                         Bearish

Support 1:                   274.15,  support on 60-minute chart.

Support    2:                  271.52, supply zone entrance.

Support    3:                  269.41, double bottom area 24 & 26th August.

Resistance 1:              280.50. upper part of channel.  

Resistance 2:             283.18, 50MA.  

Resistance 3:             284.92, 100MA