ETH - further rise still expected close to 4300
#ETHUSD => Bullish run in progress (4300 almost reached)
#ETHBTC => keeps upside potentiel towards 0,085 and 0,1340
#BTCUSD => Stuck in Range Pattern
=> On Tactical horizon : Further ETH exposure vs BTC is likely - with a potential to reach 5250 for ETH while BTC will remains rangy
What to do in this configuration?
On tactical horizon (1 to 3 weeks), hold ETH by accumulating in dips around 3800/3500 to play 5250 - Alternative case by penetrating 3500 will open 3000 max 2300
#ETHBTC => keeps upside potentiel towards 0,085 and 0,1340
#BTCUSD => Stuck in Range Pattern
=> On Tactical horizon : Further ETH exposure vs BTC is likely - with a potential to reach 5250 for ETH while BTC will remains rangy
What to do in this configuration?
On tactical horizon (1 to 3 weeks), hold ETH by accumulating in dips around 3800/3500 to play 5250 - Alternative case by penetrating 3500 will open 3000 max 2300
Note
ETH broke successively 3800 before 3500 invalidating the direct rise.The alternative target has been almost reached at 3000.
By watching BTC at 43K and ETH at 3000 i would say it is better to keep a bullish picture for the coming days -
The short on BTC was successful and the ETH trade has been stopped at 3500 (entry 3640).
new analysis is coming soon
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
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Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
CIO & Head of market research (Automata - Vancelian)
vancelian.com/en
vancelian.com/en
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.