ETH/BTC - ETH outperformance expected

Tactical horizon (1 to 3 Month)

A larger ETH outperformance move is expected towards 0,085 before 0,134

Key daily technical element :


- Moving average are support at 0,40
- Elliot wave analysis confirmed an active follower momentum in progress with target at 0,0850 min
- RSI is above 50% with potential and no divergence

Conclusion

Buy any dip above 0,40 in order to play further upside move towards 0,0850 before 0,1340
Or lower the BTC exposition in the hearth of the portfolio and rise the exposure on ETH.

Trade active:

View still valid

Watch 1240 ETH as key support to see a start of a new ETHBTC outperformance phase