THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 16
ETH/USD
Ethereum rallied decidedly adjoin the US dollar, accepting 5% initially on Monday. As we are extensive appear the $95 level, it seems acceptable that we will abide to go abundant higher. I accept the pullbacks abide to be opportunities for longer-term positions to be built, as the $90 akin beneath looks actual supportive. I accept that abutment extends all the way bottomward to at atomic $85 as well. I abide abnormally bullish.
ETH/BTC
Ethereum assemblage during the day on Monday, breaking college from the 0.05 level. It now looks as if are activity to go attractive for the 0.06 handle, and conceivably blemish aloft there and abide to go alike college than that. I still accept the pullbacks are opportunities to go continued of a bazaar that is architecture abundant beyond positions for a “buy-and-hold” run bottomward the road. Selling isn’t alike a thought.
Thanks for watching and see you afresh tomorrow.
