Ethereum Technical  Analysis: ETH/USD profit taking after two session chunky bulls run, out of steam for now

• Ethereum price losses momentum on Friday, nursing losses over 2% in the session.
• ETH/USD runs into problems within $220 area, as bull run slows down, not too surpassing given the big gains seen over two days.  

ETH/USD 60-minute chart  

Spot rate:                   206.61

Relative change:        -2.23%

High:                           224.21

Low:                            202.95

Trend:                         Bearish

Support 1:                   203.00, support on 60-minute chart..

Support    2:                  197.05, 50MA.

Support    3:                  192.20, 100MA.

Resistance 1:             208.65,  resistance on 60-minute chart.

Resistance 2:             220.00, supply entrance.  

Resistance 3:             224.21, 14th September high, shooting star.