BTC/JPY - weekly Analytics + Altcoins 01.06.2020
Last week the price of BTC/USD pair started its impulse movement within the correction, which we considered in the last review.
Investors' sentiment are at its neutral level.
This information confirms our expectations of local correction stop, we also believe that this stop is the middle of the impulse movement that originates from 13.03.2020 and continues to the present time.
Holding long positions seems to be justified, we will see the further goals of this movement in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
In previous reviews we repeatedly emphasized ETH as the most promising coin for long-term positions, and it has been confirmed by the impulse movement that developed last week .
Investors' sentiment are at its neutral level.
This information confirms our expectations of local correction stop, we also believe that this stop is the middle of the impulse movement that originates from 13.03.2020 and continues to the present time.
Holding long positions seems to be justified, we will see the further goals of this movement in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH,SAN,IOT)
In previous reviews we repeatedly emphasized ETH as the most promising coin for long-term positions, and it has been confirmed by the impulse movement that developed last week .