ETH/BTC has formed an ascending triangle (most obvious via line-charts) on the daily for both the BTC & USDT pairs.
It seems however that the ETH/BTC pair is trading a bit ahead of the USDT pair & has broken out before the USDT pair.. We could see some major moves for ETH very soon!
Here is the USDT triangle:

Also on one of my previous ideas for ETH/USDT, ETH has confirmed fib support on the macro scale!

ETH/BTC has maintained it's bullish momentum even with the market uncertainty lately on this chart:

ETH could be starting a recovery here or very soon & just may take the spotlight from BTC for a bit?
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Disclaimer
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.