ETHBTC dropped down to the accumulation zone below 0.062
If price breaks above the descending trendline we can see a rally up to 0.090
If price continues to drop we can expect a reaction around the 0.055 flip zone and then wait for a trendline break.
As Bitcoin is still stronger than Ethereum, it's best to see when this drop is going to end before buying or selling.
At the moment ETHBTC is oversold, so selling may not be the best idea even though BTC is the stronger currency.
Good Luck,
CryptoTrendline
If price breaks above the descending trendline we can see a rally up to 0.090
If price continues to drop we can expect a reaction around the 0.055 flip zone and then wait for a trendline break.
As Bitcoin is still stronger than Ethereum, it's best to see when this drop is going to end before buying or selling.
At the moment ETHBTC is oversold, so selling may not be the best idea even though BTC is the stronger currency.
Good Luck,
CryptoTrendline