$BTC is leading the pack, but $ETH is near ready to explode. Key levels for $ETHBTC on the monthly as I see it. Upward trend support was defended nicely on that last move by Bitcoin, but if that fails it's essential to hold .26 support.
Was looking for $ETHBTC to show strength as trendline support but that's since broken down. Hoping to see a strong bounce off of the ~0.260 support level with $BTC.D at resistance. Breakdown = no bueno
Could see $BTC.D overextending past resistance which might provide opportunity to confirm a bear div on the daily. However, if it's rejected here could mean some relief for alts in the near term with a bear div to later develop off the bounce from ~63.8 support, and down to ~58.2. $BTC
