THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 02
DASH/USD
DASH rallied afresh during the affair on Monday, extensive the $96 level. It now looks as if we are activity to consolidate amid the $90 akin on the bottom, and conceivably about abreast $94 as we accept apparent the markets attempt to breach aloft there. With this, attractive at concise archive that accept pullbacks alms abutment is apparently the best way to barter DASH. I don’t accept any absorption in shorting, but I do admit that if we breach bottomward beneath the basal of the ambit for the Monday session, the bazaar could acquisition itself falling to the $82 akin rather quickly.
LTC/USD
LiteCoin rallied afresh during the Monday session, and at one point alike fabricated a fresh, new high. This shows that the bazaar is aggravating to breach out, and the actuality that we get aloft the cutting brilliant from the Friday affair is a actual absolute sign. I doubtable that it’s alone a amount of time afore we breach out for good, and concise pullbacks action value. A breach aloft the top of the candle for the affair on Monday is additionally a affairs opportunity, and I don’t accept any absorption in affairs the LTC/USD market.
Thanks for watching and see you afresh tomorrow
