THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 12
ETH/USD
Ethereum continues to bullwork alongside aloof aloft the $90 level, as we are architecture abutment in this region. Ultimately, I accept that affairs concise pullbacks to body up a beyond position as we attack to ability $100 is the best way to barter this market. I see abutment all the way bottomward to at atomic the $80 handle, so longer-term outlooks will be bare to be taken here.
ETH/BTC
Ethereum fell hardly adjoin Bitcoin but continues to acquisition abutment aloof below. I anticipate the abutment extends bottomward to the 0.04 level, so architecture up a beyond position charcoal the way to go. Ultimately, if we can breach aloft the 0.0650 level, the bazaar should abide to go abundant higher. It seems as if we are in a accompaniment of accumulation.
Thanks for watching and see you afresh tomorrow.
