According to J05B, there’s a lot of bullish action on the crypto market. BTC did and amazing rally again and ETH has not really followed yet. There is definitely some great opportunity for ETH to rally now.
Things are lining up. Red line could be used as a stop. Breaking $280 would clear the way for a target of $350. RR seems still good at this point but if you are not already waiting for the breakout. If BTC will maintain stable for the coming days ETH can show some action.