Symmetrical triangle has formed on the ETH/BTC chart. Locally, the price has broken the trend line and is moving towards the upper boundary of the triangle.
If the price squeezes near the triangle's upper boundary and breaks it, it would be a good opportunity to buy ETH and altcoins.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade.