Big movement expected on ETHBTC after a breach of 0.0175

ETHBTC has broken through a line of 0.0175 and suggests a possible movement to 0.0171 within the next 2 days. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 7 days.