THELOGICALINDIAN - Hello and acceptable to News BTCs Market Outlook May 19
ETH/USD
The Ethereum bazaar rallied during the day on Thursday, extensive appear the $100 level. This is a bazaar that continues to acquisition affluence of abutment aloof below, and I accept that it is alone a amount of time afore we not alone ability the $100 level, but blemish to the upside and abide to activity abundant college than that. I accept that the $85 akin is activity to abide to action cogent support. Ultimately, I accept no absorption in selling.
ETH/BTC
Ethereum additionally rallied adjoin bit coin, but we are currently accumulation in general, and that actuality the case it looks as if we are still aggravating to body up a position to the upside. If we can breach aloft the 0.06 handle, the bazaar should abide to go abundant higher. At that point, the bazaar should again abide the longer-term move higher, but in the concurrently it’s apparently best to body up the position and abbreviate and baby increments.
Thanks for watching and see you afresh on Monday
