ETH/BTC - Last Drawdown Before Rally Upwards!

After a long downward road, ETH / BTC chart seems to be finally ready to move upwards! The first signs of strength were already shown!

(1) The chart bottomed at the 0.019₿ point, made a big pump from there and now consolidating in the tight horizontal range between 0.023₿ - 0.025₿.

(1-2) I expect to see a one final shakeout down to 0.022₿ support to trigger high-leveraged positions on altcoins (possible -5% - 20% pullback, especially on weak altcoins that didn't show any strength during the past week).

(2-3-4) Then ETH can safely ride up towards 0.032₿ zone, from where I expect a local ABC correction to start. More likely we will spend the rest of summer in the 0.028₿ - 0.033₿ range.

(4-5) After that, the final wave towards 0.038₿ should happen during Autumn Season(autumn is typically a bullish time for crypto, based on the previous couple of years).

Position yourself accordingly. This year must provide a lot of opportunities to earn not only on Ethereum, but on Altcoins as well.