ETHUSD is inserted into a short-term lateral channel as 
BTCUSD. The two prices are still very elastic, but the different patterns suggest different timings to open positions. If Ethereum came out of this channel, in a moment of decline of Bitcoin would find a decisive support in area 390/400.
However, the probability of breaking the resistance at 580/590 with a consequent strong bullish impulse is more probable.
The volumes are now very low and we are waiting for a candle (4h / 6H) of large volumes to confirm these signals. For now, let's wait.
Have a good trading!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.