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:
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Price structure 2017:
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Volume and StochRSI:
2016
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2017
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RSI
2016
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2017
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Note: ETHBTC correlation to alts cycles could have been affected by the high number of ICOs and the ETH collected by all these projects.
deathcrossgoldencrossjanuaryeffectTrend Analysis

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