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Coinathlon

The beginning of alt season?

Long
Ethereum / Bitcoin (BINANCE:ETHBTC)  
Coinathlon  
BINANCE:ETHBTC   Ethereum / Bitcoin
Trend Analysis ETHBTC Ethereum (Cryptocurrency) Bitcoin (Cryptocurrency) ETH ethsud btcd
3
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trendanalysis ethbtc ethereum bitcoin eth ethsud btcd
Two things to watch for when we are in a bull cycle waiting for an alt season to begin, are:
- BTC dominance weakening/consolidating after a sharp rise
- ETH/BTC becoming stronger. When ETH starts outpacing Bitcoin, this is generally a sign that we are on the brink of an alt-cycle.

As ETH is currently flirting with the 200 MA and the green support area, this is a pair I'll be closely watching for the coming days.

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