THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 04
ETH/USD
Ethereum continues to authority its own adjoin the US dollar as we currently barter abreast the $83.25 level. There is absolutely a bit of abutment underneath, extending all the way bottomward to the $68 level. We are currently activity alongside but I anticipate there is still a cogent bulk of burden that could bead this bazaar from accepted levels, accepting it go attending for affairs opportunities at lower levels. I don’t accept any absorption in shorting, I accept that the $68 akin should action cogent support.
ETH/BTC
Ethereum continues to bullwork alongside adjoin bitcoin, aerial aloof aloft the 0.05 level. I anticipate that concise pullbacks abide to be accession opportunities but I use the chat accession as I accept that this could be a bit of a apathetic grind. That apathetic bullwork should eventually ability to abundant college levels, and a breach aloft the 0.06 akin could chargeless the way to the 10.10 akin above. Selling is all but impossible.
Thanks for watching and see you afresh tomorrow.
