The greater pattern of ETHBTC has been a Triangle since mid 2017. Yesterday the pair made contract with the pattern's Lower Highs trend-line for the first time since February 03, 2018! Also the 1D RSI is entering its 4 year Resistance Zone. Every time ETHBTC hit those levels, it pulled back to at least the 1D MA50 (blue trend-line).
Is it time? What do you think?
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Given where it's at in the formation and what BTC is seeing as far as this current shake out, a breakthrough is also probable. In the very short term, t's likely a small step back before breaking through the pattern and seeing a March 2017 break out on ETH/BTC. Overall neutral on my take though.