ETHBTC Eyeing this buy ladder

With BTCUSD rallying and ETHBTC looking like it needs a retrace, i'm eyeing this buy ladder.

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In case BTCUSD retraces, ETCBTC could find a local bottom here.

But because BTCUSD is in an area that i see somewhat pivotal, i'm staying on the sideline until the 0.618 level or lower.

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With BTCUSD looking like it'll back test lower levels, i've picked up a 20% position of ETHBTC