ETH/BTC short term

My best guess, heading down to test .03...ultimately if the dotted blue trendline fails it's bad news bears...if it can break above the bolded black line then .036 becomes likely, possibly new highs. Zooming out, the 1d chart is looking ugly. So my bias is doom till proven otherwise. Watch btc and ltc, they give nice clues for eth and vice versa, definitely a fairly reliable negative correlation.