Continued Downward Pressure for ETHXBT

Based on BTC's strength and ETHXBT's corrective pattern, a downward move looks likely to continue.

However a small bounce on the support may force the pair to the 0.0245 resistance. Rejection here may paint a head and shoulders, and a break of the supportive neckline could cause a cascade towards the eventual target of 0.0135, completing the correction.

Happy trading.