BTC/JPY - weekly Analytics + Altcoins 07.09.2020
After mood adjusting from overoptimistic to pessimistic levels the Bitcoin quotations are significantly correcting, overlapping more than half of the local impulse originated from 20.08.2020.
Despite the impulse character of the correction, the trend remains being growing. If an impulse is formed from the current levels, it will confirm a long trend.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
We will also highlight prospective ETH and ZRX coins. It is possible to use the correction strait to form long positions at attractive prices. Prospects of other altcoins should be considered in their movement development.
Despite the impulse character of the correction, the trend remains being growing. If an impulse is formed from the current levels, it will confirm a long trend.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
We will also highlight prospective ETH and ZRX coins. It is possible to use the correction strait to form long positions at attractive prices. Prospects of other altcoins should be considered in their movement development.