Looking at the ethbtc weekly chart and indicators it seems that we are at the (local) bottom. What bothers me is no volume (a slight increase can be seen).
We need to observe for the next weeks to see if it confirms. Unfortunately it does not mean that the price against usd will surge due to btcusd changes.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.