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
CIO & Head of market research (Automata - Akt.io)
Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa
Up to 200 EUR AKTIO => Referal for AKT.IO app on Apple store and Google play =>
www.akt.io/app-referral/?referral=3e2e485b164fe488ed7761ca1c2374db6f41b691cbe03c728b108489f13a46fa
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