ETHBTC is heading towards 0.0538 and could reach this point within the next 6 hours. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
ETHBTC is approaching 0.0538. We expect either a breakout through this line, or a rebound.
