Here is what a lot of traders are looking in ETH/BTC. ETH trying to break resistance into a continous positive trend, while Short-Term Holders/Entries are taking 3x Profit. Resistance is being created, if we see ETH/BTC obtain a double positive trend ABOVE the resistance line, we can start to look at ETH continuing to rise in value before we set some new goals.
After encountering resistance, profits are being taken as we look for ENG to basically have a double-negative form where the profit-takers are looking for another great entry level. And that's where I think ENG will continue to meet resistance as it becomes oversold and undervalued and starts to make a bullish run.