There is a short term bull pennant that has formed at this new high for Ethereum. We all know that ETH is superior to BTC in transaction speed and fees - with an active and genius leader. Over the past few days we have failed to break $450, even while other coins plummeted ETH has stayed some of the strongest. Stoch RSI is about to fall into the buy zone and it looks like that will crossover as well as the MACD very soon. I would say ETH is going bullish and may break out upwards soon. Keep a close eye, buy close to $450 and set stop losses at $440.