Bull flag formation, and the possible 2nd elliot wave, volume is low but MA 50 about to cross MA 100 from below also MA 100 slowly heading up and correcting that downtrend direction, MA 200 acting as a resistance sitting just at 0.618 fib retracement, it looks solid. Bitcoin now its in a small bull run that should end around 9300 level to consolidate at 7300 key uptrend support line, my concern is that BTC could drag ETH down with him at the beginning of june as the markets still are attached to BTC.