BTC/JPY - weekly Analytics + Altcoins 17.02.2020
Currently there is a local false breakdown, which indicates soon development of the correction model.
In our opinion, the correction will develop in medium term correcting the impulse movement which
was born on 18.12.2019. We will monitor these models in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
Due to the possible beginning of the bitcoin correction, there may appear points for long positions in the future
in ETH, EOS and LTC altocoins at more attractive prices.
In our opinion, the correction will develop in medium term correcting the impulse movement which
was born on 18.12.2019. We will monitor these models in development.
Altcoins:
(Considered coins are LTC,ETH,EOS,XRP,ETC,NEO,XMR,OMG,DASH, SAN , IOT )
Due to the possible beginning of the bitcoin correction, there may appear points for long positions in the future
in ETH, EOS and LTC altocoins at more attractive prices.