BTC/JPY- weekly Analytics + Altcoins 13.04.2020
Pessimistic sentiment still prevails on the market at rising rate, which confirms our assumption that the long trend is continuing.
The price had consolidated locally and there was a local correction stop. If there will be the local straits, we will see it in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
LTC and ETH are correcting following bitcoin, what gives new opportunities for forming long positions. We recommend to watch risks closely at current levels.
The price had consolidated locally and there was a local correction stop. If there will be the local straits, we will see it in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
LTC and ETH are correcting following bitcoin, what gives new opportunities for forming long positions. We recommend to watch risks closely at current levels.
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