ETH Recovering a bit

ETH is testing 4 hour resistance highlighted in the video yesterday.
ETHBTC has bounce overnight a bit as the consolidation was not as significant as BTC and the bounce has a higher % gain.
There will be short term opportunities to capitalize on the ETHBTC oversold bounces but if you are swing trading continue to watch the daily chart of ETHBTC to look for the trend change.
Bulls have a long way to go before the daily and weekly chart is anywhere near as bullish as BTC currently is.
It all depends on the time frame for your trade as to which name to be looking at.
Watching for a break of this tightening 4 hour pattern today though we may stay inside this equilibrium for some time.