An Ethereum scenario

ETHBTC has been consolidating for a while now and if there is not enough strength we could see something similar to what happened in 2016.
Price structure 2016:


Price structure 2017:


Volume and StochRSI:
2016

2017


RSI
2016

2017


Note: ETHBTC correlation to alts cycles could have been affected by the high number of ICOs and the ETH collected by all these projects.