I am long on ETHBTC for the next few weeks, however I believe we will continue to correct after yesterday's hasty jump. Just broke key fib support levels for today, and the 15 SMA
just crossed below the 35 SMA
. I expect a quick correction down to ~.084 before we start trying to break .090 again. BTC
price has been steady and even showing a bit of upward momentum so I feel that the pair will continue to work well for this short.