Ethereum looks interesting, are we breaking out ?

Hi guys,

Already for some time I'm watching the ETH/BTC chart and think we maybe up for a breakout any moment right now.
It does fit the sentiment and compared to history Ethereum is quite undervalued in Bitcoin comparative.

Hard fork coming around 4th of December, also interesting side note.

What do you guys think ?
Is it likely that Ethereum will break out here ?

Really curious about your opinions!