BTC/JPY- weekly Analytics + Altcoins 17.03.2020
There has been a strong movement in bitcoin and at the moment it's worth paying special attention to the level of risk.
The situation looks quite positive because there is an impulse motion and a correction model. Full impulse motion
will provide further evidence that the coin may continue growing in such difficult situation for the crypto industry.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
As long as there is no certainty in the continuation of long movement in Bitcoin , we will not emphasize individual coins, because we believe that
Bitcoin is a kind of index that will show more precise points for forming long positions in the future.
The situation looks quite positive because there is an impulse motion and a correction model. Full impulse motion
will provide further evidence that the coin may continue growing in such difficult situation for the crypto industry.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
As long as there is no certainty in the continuation of long movement in Bitcoin , we will not emphasize individual coins, because we believe that
Bitcoin is a kind of index that will show more precise points for forming long positions in the future.