THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 08
DASH/USD
DASH rose acutely during the Friday session, authoritative a fresh, new high. We are now aloft the $104 level, and it looks as if the bazaar is accessible to go abundant higher. Because of this, I accept that concise pullbacks action nice affairs opportunities, abnormally abreast the $100 akin as it will accept a assertive bulk of cerebral accent to this market. The affairs of this brace is all but absurd now.
LTC/USD
LiteCoin continues to attending actual strong, as we accept burst aloft the $28 level. This is a bazaar that is a bit advanced of itself though, so I still adopt to buy on pullbacks as it at atomic offers a little bit of value. Buying at these levels would be block the trade, and that’s a abundant way to lose money. I currently accept a ambition of $30, but am afflictive putting money to assignment at these aerial levels.
Thanks for watching and see you afresh tomorrow.
