BTC/JPY - weekly Analytics + Altcoins 05.10.2020
A local consolidation is formed in the BTC with the same chances for up and down way out.
the key price levels are 1167000 in case of growth and 1046000 in case of decrease.
When the price reaches one of these levels, there will be high probability of false breakdown forming and continuing of global correction movement.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
It is necessary a full-fledged correctional movement to be formed in the Bitcoin ,
after its formation potential points for entering in the altcoins will start appearing.
the key price levels are 1167000 in case of growth and 1046000 in case of decrease.
When the price reaches one of these levels, there will be high probability of false breakdown forming and continuing of global correction movement.
Altcoins: (Considered coins are LTC, ETH, EOS, XRP, ETC, NEO, XMR, OMG, DASH, SAN , IOT )
It is necessary a full-fledged correctional movement to be formed in the Bitcoin ,
after its formation potential points for entering in the altcoins will start appearing.