BTC/JPY - weekly Analytics + Altcoins 07.10.2019
In our last review we assumed a possible turn, formation of the bottom and possibility of finding new points for the purchase.
At this stage there is a confirmation of the end of BTC correction as a form of false breakdown at the level of 864600 , with further impulse development.
Generally, the corrective movement in the form of three triples looks like formed and we expect the continuation of the global growth phase.
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Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
The points of emerging minimums from 22.09.2019 have not been worked out, but we still consider the most prospective coins at this stage are LTC,ETH,EOS
and soon the formation of lows will not make us wait long.
At this stage there is a confirmation of the end of BTC correction as a form of false breakdown at the level of 864600 , with further impulse development.
Generally, the corrective movement in the form of three triples looks like formed and we expect the continuation of the global growth phase.
-----
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
The points of emerging minimums from 22.09.2019 have not been worked out, but we still consider the most prospective coins at this stage are LTC,ETH,EOS
and soon the formation of lows will not make us wait long.