#ETH/BTC UPDATE
After Ethereum pump the ETH/BTC pair is stuck somewhere in the sky and definitely wants some retests.
As you can see, there are three levels that are currently acting as support: two trend lines and one horizontal level at 0.055.
The red trend line and 0.055 MUST be retested before going upwards. Therefore, Altcoins are NOT BULLISH locally
$ETH $BTC
