ETHBTC has been in a range for one and a half year. Current price action is bullish and a retest of the range resistance is possible. Breakout of the range will double ETH performance over BTC.
Currently ETHBTC bounced of midrange support and retested the downward trendline it broke out of.
Similarly weekly RSI broke out of its descending trendline and retested it, creating a new upward trendline.
Currently ETHBTC bounced of midrange support and retested the downward trendline it broke out of.
Similarly weekly RSI broke out of its descending trendline and retested it, creating a new upward trendline.