BTC/JPY- weekly Analytics + Altcoins 06.04.2020
Investors' sentiment is at their minimum levels and continues being pressured by the external negative background.
As far as the price is concerned, we observe accumulation which indicates the continuation of long trend. Negative sentiment and the corrective accumulation,
from our point of view, indicates the continuation of growth; its strength and final prices will be seen in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
From our point of view, LTC and ETH altocoins are the most perspective for forming long positions at the moment,
there's a false brakedown in the coins, that is local confirmation.
As far as the price is concerned, we observe accumulation which indicates the continuation of long trend. Negative sentiment and the corrective accumulation,
from our point of view, indicates the continuation of growth; its strength and final prices will be seen in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
From our point of view, LTC and ETH altocoins are the most perspective for forming long positions at the moment,
there's a false brakedown in the coins, that is local confirmation.