Ethereum Price (ETH) Near Inflection Point With Bearish Angle

ETH price started a short term upside correction from the $201 low against the US Dollar.
Ethereum price is currently trading near the key $215 resistance area and is showing bearish signs.
There is a key ascending channel forming with support near $212 on the hourly chart of ETH/USD (data feed via Kraken).
The pair could either continue to rise above the $215 resistance or it might resume its downward move.Ethereum price is trading near a major resistance versus the US Dollar and bitcoin. ETH