BTC/JPY - weekly Analytics + Altcoins 30.09.2019
We observed the accumulation in BTC from 27.06.2019 to 23.09.2019 and it has ended with a false breakdown. Price reduction is still continuing.
We still believe that we should pick up points for the purchase, as the main movement from 16.12.2018-26.06.2019 is the pulse.
At the moment, the local situation looks attractive for finding purchase points from the alleged false breakdown 7800-level. We will be checking the situation in its development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
At the moment, in our estimation there are no entry points for them, most likely they will appear during
forming BTC defining points.
We still believe that we should pick up points for the purchase, as the main movement from 16.12.2018-26.06.2019 is the pulse.
At the moment, the local situation looks attractive for finding purchase points from the alleged false breakdown 7800-level. We will be checking the situation in its development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
At the moment, in our estimation there are no entry points for them, most likely they will appear during
forming BTC defining points.