Perfect Bump and Run Reversal on ETHBTC before the ETH breakout

Here on the left we have a textbook bump and run reversal on the price for ETHBTC. This was roughly 10 days before the actual ETH breakout. Watch the ETHBTC chart for many things. For one, when things get super bubbly, we will be watching extension levels. The 261% extension lines up perfectly with the prior all time high for ETHBTC. Watch this level very closely.