ETH/BTC. The sleeping giant wakes!

ETH has been stealing the spotlight from BTC and is leading the way for what appears to be an alt coin tsunami.

Just looking at the chart ETH still has a ways to go before a potential slow down.

I expect it to break out of the ascending broadening wedge it has been within and test previous areas of resistance.

There's still a chance it has a small pull back and retests the previous high before moving upwards again.

Either way ETH will continue it's march upwards and may just reach it's previous ETH/BTC ATH valuation near 0.15... For some context that would be a 9k ETH based on BTC price today

In the short term ETH may cool off a bit. Could meet resistance at the top trend line and retrace. That is a potential area to short and then buy at the lower two levels.

Personally I plan to just hold and will not be trying to short ETH any time son.