BINANCE:ETHBTC Ethereum / Bitcoin
The ETH/BTC price is following a very structured path. It bottoms before the bitcoin halving and then goes on a bull run. It's also formed a triangle which could now be tested on the downside. If it bounces it could lead to a very strong rally. The monthly stoch RSI is also in a bottoming formation.
So far so good. ETH/BTC has entered the green channel where I'm looking for it to bounce. It's currently oversold (RSI) on all time frames.
Also the sentiment for ETH vs BTC seems to be rock bottom. Hard to find any bulls atm. Everyone expecting btc to keep outperforming. This is telling me something.