It's forming a flat top ascending triangle, which is a super-bullish pattern. I expect a little more drop to 0.53-0.54 which is a good support and then a huge upward movement like Ripple in the last December.
Why? Look at the charts, same pattern! Don't forget that XRP gained over 1000% in value.
This pair is also a pretty good indicator for alts: - ETH/BTC goes up, alts goes up; - ETH/BTC goes down, alts goes down.
Start saving, because if this movement will repeat LAMBOS will be ours.
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