This is the first time in several months that ETH/BTC will set a higher high on the daily chart, this is very bullish in the daily timeframe. ETH/BTC have also broken the strong down trendline some weeks ago and that is very bullish, expect higher low after or before we have set a higher high, when the higher low is established and confirmed it is a good time to...
There is a clear down trendline, you should not long until this is broken.
Bitcoin is near a critical resistance, expect a rejection from here, if it is broken we might see bullish times ahead.